Username: ForexGuy Rating: Asked to: Chaoxiang Lee Date Created: 13 Feb 2015 |
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Category | 28 |
Tag | Forex |
Question | What does the unemployment rate show? |
Hi Forex Guy, The percentage of the total labor force that is unemployed but actively seeking employment and willing to work. From 1948 to 2004, the monthly U.S. unemployment rate has ranged between about 2.5% to 10.8%, averaging approximately 5.6%. The unemployment rate is considered a lagging indicator, confirming but not foreshadowing long-term market trends. |
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