Higher numbers than forecast tend to be bullish for JPY/xxx pairs and bearish for xxx/JPY pairs.
The most recent announced value for Unemployment Rate was 2.5% against a forecast of 2.7%.
Recent economic data has been moderately bearish for JPY. Other recent announcements which may affect the market's interpretation of the next Unemployment Rate result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Current Account n.s.a. | Bearish change | ¥4681.5B | ¥3907B | ||
| Gross Domestic Product (QoQ) | (no change) | 0.5% | 0.5% | ||
| Gross Domestic Product Annualized | Bearish change | 2.1% | 1.8% | ||
| Gross Domestic Product Deflator (YoY) | Bearish change | 3.4% | 3.2% | ||
| Labor Cash Earnings (YoY) | Bullish change | 3.1% | 3.5% |
| Country: | Japan |
|---|---|
| Currency: | JPY |
| Source: | Statistics Bureau of Japan |
| Category: | Labor Market |
| Frequency: | Monthly |