Unemployment Rate - (CAD) - 06/11

 

What is it? Although it's generally viewed as a lagging indicator, the number of unemployed people is an important signal of overall economic health because consumer spending is highly correlated with labor-market conditions.

When? At 8:30am Eastern Time.

Trading Tip: If the actual number is lower than the forecast, you can expect the CAD to rise.

 

 

 

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