The unemployment rate is a measure of the percentage of the labor force that is unemployed but actively seeking employment and is willing to work. It is calculated by dividing the number of unemployed people by the total number of people in the labor force, which includes both employed and unemployed individuals.
The unemployment rate can have an impact on the stock market in several ways. First, a high unemployment rate can be a sign of a weak economy and may be negative for stocks. This is because high unemployment can lead to reduced consumer spending and lower corporate profits, which can be negative for the overall economy and for individual companies. On the other hand, a low unemployment rate can be a sign of a strong economy and may be positive for stocks, as it can lead to increased consumer spending and higher corporate profits.
Official Unemployment Rate Market Alerts alert you whenever new unemployment rate are released by the U.S. Bureau of Labor Statistics on a monthly basis.
With Stock Alarm you can set new Unemployment Rate alerts. When your alert triggers you will receive a notification via push notification, email, phone call, or text message.
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