Unemployment Rate

The Unemployment Rate released by the US Bureau of Labor Statistics is a percentage that surges from dividing the number of unemployed workers by the total civilian labor force. It represents the percentage of people actively seeking employment and willing to work. Usually, as a higher rate is seen in recessionary economies, while on the ​contrary, a growing economy sees its unemployment rate decreasing. Therefore, a decrease of the figure is seen as positive (or bullish) for the USD, while an increase is seen as negative (or bearish), although by itself, the number can't determinate the markets move as it depends on the headline reading, the Nonfarm Payroll.

Most recent - Friday 8 December 2023 13:30

Higher numbers than forecast tend to be bullish for USD/xxx pairs and bearish for xxx/USD pairs.

Next event - Friday 5 January 2024 13:30

The typical/expected impact on USD pairs is medium.

There is no forecast value for Unemployment Rate yet - check back for updates.

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Economic context

Recent economic data has been broadly neutral for USD. Other recent announcements which may affect the market's interpretation of the next Unemployment Rate result:

About Unemployment Rate

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