FX TERMINAL · ACADEMY

Employment — forex lessons and courses

Every free FX Terminal Academy lesson and course on employment: 8 lessons and 1 course, each with a quiz and a link to the live tool that applies it.

Courses covering employment

  • Labour Market ReleasesCentral banks are judged on prices and on employment, which makes labour data the second great mover of currencies. This course covers every employment release worth knowing: non-farm payrolls, average hourly earnings, the unemployment rate, ADP, weekly jobless claims, JOLTS, the UK claimant count, and the Australian and Canadian employment prints — what each measures, how reliable it is, and how it reaches the exchange rate.

Lessons on employment

  • Non-Farm Payrolls: The Full AnatomyNon-farm payrolls produces more volatility per minute than any other scheduled non-policy release. Most traders read one number out of it. The release contains at least five that…
  • Average Hourly EarningsAverage hourly earnings sits three lines below the payroll headline and is routinely the reason the dollar goes the opposite way to the job count. Wages are where the labour…
  • The Unemployment RateThe unemployment rate is the most quoted economic statistic in the world and one of the most misread. It is a ratio, and a ratio can move because of its numerator, its…
  • ADP Employment ChangeADP arrives two days before payrolls and is widely traded as a preview of it. That framing is out of date: ADP itself abandoned the goal of predicting NFP years ago and rebuilt…
  • US Initial Jobless ClaimsEvery other labour indicator is monthly or quarterly and weeks stale. Jobless claims arrive every Thursday, cover a week that ended five days ago, and are barely revised. When the…
  • JOLTS Job OpeningsJOLTS arrives with a two-month lag from a survey with a poor response rate, and by every normal standard should be ignored. It is not, because the Federal Reserve chose one ratio…
  • UK Claimant Count ChangeClaimant count change sits at the top of the UK labour market release and gets most of the attention on the calendar. It is also the least reliable number in it. Knowing why — and…
  • Employment Change: Australia and CanadaAustralia and Canada both publish a monthly net employment change, and both produce outsized currency moves relative to the size of their economies. They also share a specific…

About these employment lessons

This page collects everything in the FX Terminal Academy that deals with employment: 8 lessons and 1 course. The list is generated from the lessons themselves rather than maintained by hand, so it stays complete as the Academy grows.

Every lesson is free to read in full. Each one ends with a short quiz and links into the FX Terminal screen that applies it, so an idea can be checked against live market data instead of staying on the page. No account is needed to read; signing in only saves your progress and issues the completion certificate.

Where to start

If employment is new to you, start with the course listed above rather than a single lesson — a course orders its lessons so each one builds on the last. Use the lesson list when you already know which idea you want and would rather go straight to it.

Nothing here is investment advice. The Academy explains how the market works and how to read the data behind it; it does not issue signals or tell you what to trade.

Common questions

Are these employment lessons free?

Yes, all of them, in full. There is no paywall, no trial and no card required, and the live terminal screens the lessons link to are free as well.

Do I need an account to read them?

No. An account is free and optional — it exists only to remember which lessons you have finished, carry that across devices, and issue a certificate when you complete a course.

Is a course better than reading the lessons individually?

For a subject you are new to, yes: a course orders its lessons so each one builds on the last. Read a single lesson when you already know which idea you want.

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