Unemployment Rate
| Date | Time Left | Event | Impact | Previous | Consensus | Actual | |
|---|---|---|---|---|---|---|---|
| Oct 20, 05:00 |
|
Unemployment Rate |
|
7.5% | 8.4% |
Unemployment Rate
The Unemployment Rate released by the Statistics Finland is the number of unemployed workers divided by the total civilian labor force. It is a leading indicator for the Finnish economy. If the rate is up, it indicates a lack of expansion within the Finnish labor market. As a result, a rise leads to weakening in the economy. Normally, a decrease in the figure is seen as positive (or bullish) for the EUR, while an increase is seen as negative (or bearish).
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