Unemployment Rate
The percentage of the total labor force that is unemployed but actively seeking employment and willing to work. Investopedia Says:
From 1948 to 2004, the monthly U.S. unemployment rate has ranged between about 2.5% to 10.8%, averaging approximately 5.6%. The unemployment rate is considered a lagging indicator, confirming but not foreshadowing long-term market trends. Related Terms:
Business Cycle
Cyclical Unemployment
Discouraged Worker
Frictional Unemployment
Initial Claims
Lagging Indicator
Leading Indicator
Misery Index
Natural Unemployment
Structural Unemployment |