Unemployment Rate - (CAD) - 06/11
- by Donald Herison
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.
Other Top Stories: