Unemployment rate is the number of unemployed persons in relation to the working-age population. It is released simultaneously with Non-farm payrolls. Typically, analysis of unemployment is carried out in the context of the figures reflecting the value of Non-farm payrolls. For example, the growth of Non-farm payrolls with an increase in the unemployment rate indicates an increase in unemployment in the agricultural sectors of the economy, etc.
It has a significant impact on the market. With expectations of an increase in basic interest rates, the decrease of the index leads to an increase in the rate of dollar.
- Release Frequency: monthly.
- Release Schedule: 08:30 EST, the first Friday of the month.
- Source: Bureau of Labor Statistics, U.S. Department of Labor.