Date
GMT+00:00
Event Value
Dec, 04 08:00
Unemployment Rate
Unemployment Rate
Country:
Date: Dec, 04 08:00
Importance: Low
Previous: 3.0%; 2.9%
Forecast: 3.0%
Actual: -
Period: Nov

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.

High unemployment translates into lower average wages and reduced consumer spending. As consumer spending is the majority of total expenditure, rising unemployment often leads to slow economic growth. In addition, high or rising unemployment puts downward pressure on interest rates and leads to a depreciating Franc.

3.0%; 2.9%
Dec, 04 08:30
Procure PMI Index
Procure PMI Index
Country:
Date: Dec, 04 08:30
Importance: Low
Previous: 48.2
Forecast: 49.6
Actual: -
Period: Nov
PMI activity indicator. Shows improvement (>50) or worsening (50) of the situation compared to the previous month. The growth of the indicator or the excess of the forecast is favorable for the currency.
48.2
Dec, 04 09:30
★★
Construction PMI
Construction PMI
Country:
Date: Dec, 04 09:30
Importance: Medium
Previous: 44.1
Forecast: 44.2
Actual: -
Period: Nov

The Construction Purchasing Manager's Index (PMI) measures the level of activity among purchasing managers in the construction sector of the economy. Above 50 signals industry expansion; below 50 indicates a contraction. Construction figures are an important indicator of housing demand.

44.1
Dec, 04 10:00
Retail Sales
Retail Sales
Country:
Date: Dec, 04 10:00
Importance: Low
Previous: -0.1%; 1.0%
Forecast: 0.0%
Actual: -
Period: Oct

Gauge for goods sold at retail outlets in the past month. Retail Sales is a leading indicator for the economy. Rising consumer spending fuels economic growth, confirms signals from consumer confidence, and may spark inflationary pressures.

The headline figure is expressed as the percentage change from the same month last year.

-0.1%; 1.0%
Dec, 04 12:30
★★
Challenger Job Cuts
Challenger Job Cuts
Country:
Date: Dec, 04 12:30
Importance: Medium
Previous: 153.074K; 175.3%
Forecast: -
Actual: -
Period: Nov
Change in the number of job cuts announced by employers. It's extremely early data, but historically has limited short-term correlation with overall labor conditions.
153.074K; 175.3%
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