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Unemployment Claims Data and their ImpactBack

Unemployment is a measure of the health of the economy of the nation. Unemployment occurs when a person who is searching job actively but unable to find work.

 

It is released by Department of labor. It is released on the weekly basis, 5 days after the week ends.

Its a lagging indicator, No. of unemployment people is the signal of overall the economic health. 

 

It is also called Jobless Claims and Initial Claims.

 

Types of Unemployment

Summary of Unemployment Types

Demand Deficient Unemployment

Structural Unemployment

Real Wage Unemployment

Frictional unemployment

Voluntary Unemployment

 

How to read unemployment data?

To know about the impact you have to check the forecast. If Actual < than Forecast that mean it will impact Good for the nation currency.

 
 
 
Posted on: 05-Feb-2015 | Posted by: NIFM | Comment('0')
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