Unemployment 2024 Trading Economics Definition. Forecasting is based on an analysis of key metrics and indicators, such as unemployment, inflation, sales, consumer confidence, and more. Trading economics provides data for 20 million economic indicators from 196 countries including actual values, consensus figures, forecasts, historical time series and.
Calculate the labor force participation rate and the unemployment rate; Unemployment rate as of july 2024 was 4.3%.
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