Unemployment rate. EU, 11:00 (GMT+2) 30 May

30May.202410:00

Unemployment rate. EU, 11:00 (GMT+2)

At 11:00 (GMT+2), April data on the unemployment rate in the EU countries is due – an indicator that records the percentage of registered unemployed over 18 years to the total working-age population. The rate may remain at 6.5%.

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30 May. 2024 10:00

Consumer confidence. EU, 11:00 (GMT+2)

At 11:00 (GMT+2), May data on the consumer confidence index in the EU countries is due, calculated based on a survey of 2.3K households assessing economic prospects. It is a leading indicator for consumer spending, with high readings indicating consumer optimism and vice versa. It may fall from −14.7 points to −14.3 points, putting pressure on the euro.

30 May. 2024 13:30

Initial jobless claims. USA, 14:30 (GMT+2)

At 14:30 (GMT+2), the US will present data on the number of initial unemployment claims. The indicator measures the number of people who applied for the first time during the past week. Statistics are collected by the national Ministry of Labor and published in a weekly report. The number of benefit claims is used to measure the health of the employment sector, as an increase in the number means that fewer people are being hired. It may change from 215.0K to 218.0K.

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