Generally, the unemployment rate is considered a lagging economic indicator, meaning it changes in response to changes in other economic conditions rather than preceding them. Unemployment data is ...

To facilitate a proper comparison between unemployment rates in the various European countries, Eurostat – the statistical bureau of the EU - publishes harmonised figures on a monthly basis. Eurostat ...

And when economic activity is low, firms cut jobs and unemployment rises. In that sense, unemployment is countercyclical, meaning that it rises when economic growth is low and vice versa. But ...

Stafford Disaster Relief and Emergency Assistance Act. Pandemic Unemployment Assistance was retroactive, meaning workers could be paid benefits from when their unemployment began, not when the ...

Fact checked by Vikki Velasquez A president’s economic policies in office can markedly affect the unemployment rate. The ...

And when economic activity is low, firms reduce their workforce and unemployment rises. In that sense, unemployment is countercyclical, meaning it rises when economic growth is low and vice versa. But ...