China Unemployment Rate
| Medium | 5.0% | 5.1% |
5.1%
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| Last release | Importance | Actual | Forecast |
Previous
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| 4.9% |
5.0%
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| Next release | Actual | Forecast |
Previous
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Unemployment Rate is a percentage of unemployed workers in relation to China's total civilian labor force. The indicator is calculated based on seasonally adjusted data. A decline in the unemployment rate is an indication of an increase in the purchasing power of the population, which can stimulate the national economy and thus have a positive effect on the yuan quotes.
Last values:
actual data
forecast
The chart of the entire available history of the "China Unemployment Rate" macroeconomic indicator. The dashed line shows the forecast values of the economic indicator for the specified dates.
A significant deviation of a real value from a forecast one may cause a short-term strengthening or weakening of a national currency in the Forex market. The threshold values of the indicators signaling the approach of the critical state of the national (local) economy occupy a special place.
