What is it? It checks the percentage of total work force that is unemployed and actively seeking employment during the previous quarter.
Although it's generally viewed as a lagging indicator, the number of unemployed people is an important signal of overall economic health because consumer spending is highly correlated with labor-market conditions.
When? November 4th at 4:45pm Eastern Time.
Trading Tip: If the number is lower than the forecast, you can expect the NZD to rise.
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