What is the impact of unemployment on the crude oil?
For example, unemployment is similar to China's "minimum", under normal circumstances, if the increase in the number of unemployed people, then the U.S. economic downturn in the dollar fell, then the rise in crude oil. On the contrary, the number of unemployed, the dollar rose, crude oil fell.
The United States is a complete consumer society, consumption is the biggest driving force of the economy, if a week because of unemployment and jobless increases, will seriously inhibit consumer confidence, the dollar is relatively bad, Dumbledore crude oil. The lower the data, indicating that the labor market improved, optimistic about the prospects for economic growth in favor of the dollar, bad crude oil
Us weekly jobless claimsDivided into two categories, the first application and continuous application. In addition to the weekly figures, it will also be published around the moving average to reduce the number of fluctuations. The change in the number of people applying for unemployment benefits is one of the most important economic indicators on the market.
