Employment Change
Tue, Apr 15This report assesses the shift in a country's employment conditions compared to the previous month. In simple terms, it tracks the total number of individuals who either lost their jobs or found new employment during that time frame.
A negative figure indicates that, overall, more jobs were lost than created in the past month, while a positive figure signifies that more jobs were generated than lost.
The markets keep a close eye on employment figures because they are closely linked to consumer spending. Generally, people are more inclined to spend when they are employed, and the opposite is true as well.
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