What is it? It checks the change in the number of unemployed people during the previous month.
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? January 5th at 3:00am Eastern Time.
Trading Tip: If the number is lower than the forecast, you can expect the EUR to rise.
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