The unemployment rate is a fundamental economic indicator that provides insights into the health of a nation’s labor market. This metric, central to economic analysis, reflects the percentage of…
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Unemployment Rate
The unemployment rate is a measure of the percentage of the labor force that is jobless and actively seeking employment. It is a key economic indicator used to gauge the health of an economy.
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In the realm of economic indicators, the term “Non-Farm Payrolls” (NFP) holds substantial weight, influencing financial markets and serving as a key metric for policymakers and analysts alike. In…