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Australia (May) Jobs +75.9K (vs. +15K expected) & Unemployment rate 3.6% (vs. 3.7% exp)
Australian labour market report for May 2023 - huge beats will ignite speculation the Reserve Bank of Australia have more rate hikes still ahead. Employment Change: +75.9K expected +15K, prior -4.3KUnemployment Rate: 3.6% expected 3.7%, prior 3.7%Full-Time Employment Change: +61.7K prior was -27.1KPart-Time Employment Change: +14.2K prior was +22.8K Participation Rate: 66.9% (at a record high)expected 66.7%, prior was 66.7%Via the Australian Bureau of Statistics, first the 'trend' numbers. The...
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Posted: Jun 15 2023, 01:30
Author Name: forexlive
Views: 111598