Japanese Unemployment Rate Decreases In January

Japanese Unemployment Rate Actual 4.1%, Expected 4.6%, Previous 4.4%

Release Explanation: This report measure the percent of unemployed persons in the labor force. The unemployment rate can be a leading indicator of the overall health of the labor market. Higher unemployment leads to less income for Japanese workers who, in turn, may reduce consumption. As consumer spending contributes to a majority of Japan’s GDP, developments in the labor market directly affect prospects for Japanese growth.

Trade Desk Thoughts: Japans unemployment rate, seasonally adjusted, increased to 4.1 percent in January. This report comes in lower than analysts’ expectations of a 4.6 percent reading. The actual number of employed persons in January was 62.92 million, a decrease of 290,000 or 0.5 percent from the previous year. Meanwhile, unemployed persons topped 2.77 million, which was an increase of 210,000 or 8.2 percent from the previous year.
Forex Technical Reaction: The yen has fallen approximately 50 pips from the high of the previous day and is currently finding support just above the neutral pivot point.


[SigmaForex Trio Contest]

SigmaForex Ultimate Forex Monthly Champion Double your pleasure, Double your fun and Double your FUNDS.

SigmaForex has exactly what it takes to give you the ultimate forex trading experience and what it needs to make it more successful, more attractive, and more effective.SigmaForex Practice Competition

Let us show you that if you're not utilizing SigmaForex services, you're missing the boat…and potential profits! Every Service taken on is given the time, skill necessary, and awareness to detail to produce the results that your satisfaction demands.

Nothing comes between us and you, we rely on your business; therefore, you can rely on ours, which means that we will be working hard on our behalf to make certain of your success.
Reliability Is Natural For Us, Our Services and Products Natural For You.

We care to make you feel secure with us, and that is a priceless service that will bring in continuous benefits for both of us. Which is why we have created the Trio contest, it is the First and the Only Tri contest in the World wide Financial Market called Forex.

TRIO Contest divides into 3 Main contest stages,

1. Elite Competition
Every game is new business opportunity (Elite Contest)
2. Oriental Competition
A Virtual World with Live Pictures (Oriental Contest)
3. Post-Graduate Competition
Opening a new page in your Life (Post-Graduate Competition)