Date GMT+01:00 |
Event | Previous | Forecast | Actual | |||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jul, 11 08:00 |
★ |
SECO Consumer Confidence
SECO Consumer Confidence
SECO Consumer Climate compiles a survey of consumer attitudes on present economic conditions and expectations of future conditions. In the months of January, April, July and October, about 1100 households are surveyed on behalf of SECO regarding their subjective evaluation of the economic situation, budget situation, inflation, job security etc. The pattern in consumer attitudes and spending is often a major influence on stock and bond markets. For stocks, strong economic growth translates to healthy corporate profits and higher stock prices. For bonds, the focus is whether economic growth goes overboard and leads to inflation. Ideally, the economy walks that fine line between strong growth and excessive (inflationary) growth. Consumer spending accounts for a major portion of the Swiss economy, so investors want to know what consumers are up to and how they might behave in the near future. The more confident consumers are about the economy and their own personal finances, the more likely they are to spend. |
-36.5 | - | - | ||||||||||||||
Jul, 11 13:30 |
★★★ |
Employment Change
Employment Change
Tracks the number of the employed in the country. A surge in new employment suggests higher spending potential and budding inflation pressures. |
8.8K | - | - | ||||||||||||||
Jul, 11 13:30 |
★★★ |
Unemployment Rate
Unemployment Rate
The percentage of individuals in the labor force who are without a job but actively seeking one. A higher Unemployment Rate is generally a drain on the economy. Not only does it mean that resources are not being fully utilized, but it also results in lower consumer spending as there are fewer workers receiving paychecks. Note: The unemployment rate generally moves slowly, so changes of only a few tenths of a percent are still considered significant. Also note that the unemployment rate does not account for discouraged workers. Therefore, in an economically depressed environment, such as that which occurred in Cold War era East Germany, the Unemployment Rate may not accurately reflect the extent of problems. |
7.0% | - | - | ||||||||||||||
Jul, 11 13:30 |
★★ |
Part Time Employment Change
Part Time Employment Change
modern award usually defines a part-time employee as an employee who is engaged to work less than an average of 38 ordinary hours per week and whose hours of work are reasonably predictable, with a guaranteed minimum number of hours of work. Work is usually performed on regular days of the week. A part-time employee will usually be entitled to the same employment conditions as a full-time employee, but on a pro rata basis compared to the full-time hours (usually 38 per week) prescribed under the applicable industrial instrument. |
57.7K; -48.8K | - | - | ||||||||||||||
Jul, 11 13:30 |
★ |
Participation Rate
Participation Rate
The participation rate is the percentage of the total number of people of labour-force age (15 years and over) that is in the labour force (either working or looking for work). The data provided by Statistics Canada is monthly and deseasonalized; this eliminates the impact of seasonal variations and makes it possible to compare data throughout the year.
A higher than expected reading should be taken as positive/bullish for the CAD , while a lower than expected reading should be taken as negative/bearish for the CAD.
|
65.3% | - | - |