The unemployment rate is a statistical indicator of the labor market.
It usually measures the percentage of the workforce that cannot find a job and is therefore defined as:
unemployment rate = (job seekers / labor force) * 100
A current value of this index below the expected value has a relative effect on the forex market that causes a bullish movement of the reference currency.
| Currency | Economic Region | Market Mover |
|---|---|---|
| AUD | Australia | tab |
| CAD | Canada | tab |
| CHF | Switzerland | tab |
| EUR | Eurozone | tab |
| GBP | UK | tab |
| NZD | New Zealand | tab |
| USD | United States | tab |
