Date
GMT+00:00
Event Previous Forecast Actual
Feb, 11 13:30
★★★
Unemployment Rate
Unemployment Rate
Country:
Date: Feb, 11 13:30
Importance: High
Previous: 4.4%
Forecast: 4.4%
Actual: -
Period: Jan

The percentage of individuals in the labor force who are without a job but actively seeking one. A higher Unemployment Rate is generally a drain on the economy. Not only does it mean that resources are not being fully utilized, but it also results in lower consumer spending as there are fewer workers receiving paychecks.

Note: The unemployment rate generally moves slowly, so changes of only a few tenths of a percent are still considered significant. Also note that the unemployment rate does not account for discouraged workers. Therefore, in an economically depressed environment, such as that which occurred in Cold War era East Germany, the Unemployment Rate may not accurately reflect the extent of problems.

4.4% 4.4% -
Feb, 11 13:30
★★
Average Hourly Earnings
Average Hourly Earnings
Country:
Date: Feb, 11 13:30
Importance: Medium
Previous: 0.3%; 3.8%
Forecast: 0.3%; 3.6%
Actual: -
Period: Jan

An indicator of how the average level of pay is changing. The Average Hourly Earnings figure provides insight into future spending and inflation. A High Average Hourly Earnings bodes well for future consumption, as workers have more disposable income. High figures may indicate inflationary pressures due to employee's additional potential to spend. The figure is either measured in hourly or weekly averages or as a percent change from the previous month.

0.3%; 3.8% 0.3%; 3.6% -
Feb, 11 13:30
★★
Change in Private Payrolls
Change in Private Payrolls
Country:
Date: Feb, 11 13:30
Importance: Medium
Previous: 37K
Forecast: -
Actual: -
Period: Jan

Private Nonfarm Payrolls measures the change in the number of total payrolls in any business, excluding general government employees, private household employees, employees of nonprofit organizations that provide assistance to individuals and farm employees.

37K - -
Feb, 11 13:30
Participation rate
Participation rate
Country:
Date: Feb, 11 13:30
Importance: Low
Previous: 62.4%
Forecast: -
Actual: -
Period: Jan

A measure of the active portion of an economy's labor force. The participation rate refers to the number of people who are either employed or are actively looking for work. The number of people who are no longer actively searching for work would not be included in the participation rate. During an economic recession, many workers often get discouraged and stop looking for employment, as a result, the participation rate decreases. The participation rate is an important metric to note when looking at unemployment data because unemployment figures reflect the number of people who are looking for jobs but are unable to secure employment.

62.4% - -
Feb, 11 13:30
Building Permits
Building Permits
Country:
Date: Feb, 11 13:30
Importance: Low
Previous: -13.1%
Forecast: -
Actual: -
Period: Dec

The number of new building projects authorized for construction. The figure is widely used as an indicator for developments in the housing market, since receiving a permit to build is the first step in the construction process. Thus growth in Building Permits reflects growth in the construction sector. Also, due to the high outlays needed for construction projects, an increase in Building Permits suggests corporate and consumer optimism. Additionally, because leading indicators for the housing market respond quickly to changes in the business cycle, the Building Permit figure can act as a leading indicator for the economy as a whole.

The headline is the seasonally adjusted percentage change in Building Permits from the previous month.

-13.1% - -