Confused about NFP vs. Unemployment Rate impact

asked by u/santos_luciana · 5h · 0 answers

Still trying to get a handle on how NFP figures actually play out versus the unemployment rate. Sometimes NFP is strong, but the UER ticks up, or vice versa, and the market reaction seems inconsistent to me. Am I oversimplifying the relationship, or are there other factors I should be weighing more heavily when these come out? How do you guys generally prioritize these two indicators for a directional bias?

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