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 |
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