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Unemployment Rate

Trading Term

The number of people willing to work but unable to find a job, expressed as a percentage of the available workforce. US data is compiled by the Bureau of Labor Statistics and published on the first Friday of each month. Rising or high levels of unemployment are associated with economic slowdown or recession, which might require offsetting fiscal or monetary stimulus. Low or falling levels of unemployment are associated with booming economic times and may require remedial fiscal or monetary policy action to cool the economy.

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