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Unemployment Report is an official release prepared by authorities that announce the country's unemployment statistics. This report is released at different intervals in different counties depending on policies and system each country follows and commits to. Some countries release the report quarterly and some release it half yearly.
Unemployment Report is indicative of the economic health of the country. A poor rate of employment, which is same as high unemployment rate indicates at a market that is economically unhealthy and traders prefer to trade short in such markets because their future is uncertain; whereas a positive report, i.e. that the unemployment rate of a country reflects positively upon the economic health of the economy. Unemployment report has a direct impact on all kinds of trading markets, be it stock market, currency market, or commodity market. Depending on whether the report is positive or negative, the market will swing in an upward or downward direction.
Source: Luckscout
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