Singapore Unemployment Rate
Low | 1.9% | 1.9% |
1.9%
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Last release | Importance | Actual | Forecast |
Previous
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1.9% |
1.9%
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Next release | Actual | Forecast |
Previous
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Unemployment Rate shows a percentage change in the number of unemployed citizens in relation to Singapore's total civilian labor force. An increase in the unemployment rate is an indication of a decrease in the purchasing power of the population, which can have a negative effect on Singapore dollar quotes.
Last values:
actual data
forecast
The chart of the entire available history of the "Singapore Unemployment Rate" macroeconomic indicator. The dashed line shows the forecast values of the economic indicator for the specified dates.
A significant deviation of a real value from a forecast one may cause a short-term strengthening or weakening of a national currency in the Forex market. The threshold values of the indicators signaling the approach of the critical state of the national (local) economy occupy a special place.