rcentage of the total work force that is unemployed and actively seeking employment during the previous month;
Usual Effect Actual < Forecast = Good for currency;
Frequency Released monthly, about 30 days after the month ends;
Next Release Nov 3, 2016
FF Notes Tends to have a muted impact because there are several earlier indicators related to Eurozone labor conditions;
Why Traders
Care 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;
Also Called Jobless Rate, Eurozone Unemployment;
History Actual Forecast Previous
Aug 31, 2016 10.1% 10.0% 10.1%
Jul 29, 2016 10.1% 10.1% 10.1%
Jul 1, 2016 10.1% 10.1% 10.2%
May 31, 2016 10.2% 10.2% 10.2%
Apr 29, 2016 10.2% 10.3% 10.4%
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Graph
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