Definition
Employment Situation is the report contains the information of job vacancies, unemployment rate, daily and weekly income average, and working hour needs. This indicator is the most expected one because of the impact caused by it.

Function of Employment Situation in Learning Forex Trading System
This index shows the economic growth of a country. The increase of unemployment rate shows the resistance of a country’s growth and also the decrease of interest rate. On the other hand, the decrease of unemployment rate shows a positive growth of a country and also shows the increase of interest rate. The decrease of unemployment also cause the anxious-ness of salary raised altogether with thedifficulty to find workers. Therefore, the best condition should be between 5.5% - 6.0%.

Source : Bereau of Labor Statistic, US. Department of Labor.
Time of Publish : Monthly, the first Friday of the month, on 08.00 AM EST
Revision : Monthly, and annual revision is in June.
Revision’s Impact : Big