Unemployment Rate

The average number of unemployed citizens over 18 years of age relative to the total labor force. Only persons who are registered as unemployed are taken into account. This indicator first appeared in the 1930s in the United States during the Great Depression. A low unemployment rate indicates a large number of citizens employed in the production of goods and services. An increase in unemployment results in lower GDP: employment in the production of goods is lower, hence, production declines. In the United States this data is published along with the"Nonfarm payrolls" at 13:30 GMT. In the Euro zone the data is available in the first decade of each month at 11:00 GMT, and in Japan - in the last decade of each month at 23:50 GMT.