Spanish Unemployment Change (EUR) – 03/03

 

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? March 3rd at 3:00am Eastern Time.

Trading Tip: If the actual number is lower than the forecast, you can expect the EUR to rise.

 

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