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Australia May Labour Force: A Robust Read But Flattered by April’s Seasonal ‘Anomaly’

Australia May Labour Force: A Robust Read But Flattered by April’s Seasonal ‘Anomaly’
Total employment: +75.9k from –4k (revised from –4.3k); unemployment rate: 3.6% from 3.7%; participation rate: 66.9% from 66.7%. Total employment gained 75.9k or 0.5% in May, higher than Westpac’s near top-of-the-market forecast for a +40k gain, but well above the market median forecast for a more modest +17.5k lift. This has seen the three-month average […] The post Australia May Labour Force: A Robust Read But Flattered by April’s Seasonal ‘Anomaly’ appeared first on Action Forex... Read More
Posted: Jun 15 2023, 05:16
Author Name: actionforex
Views: 081223

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