Unemployment Rate

Date Time Left   Event Impact Previous Consensus Actual
Dec 01, 08:00  Unemployment Rate 8.6% 9.0%

Unemployment Rate

The Unemployment Rate released by AMS is the number of unemployed workers compared to all the active workers in the economy. If the number rises, it indicates a lack of expansion within the Austrian labor market and thus a weakening in the economy. Normally, a decrease in the figure is seen as positive (or bullish) for the Euro, while an increase is seen as negative (or bearish).



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