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Australian employment grew solidly by 53k, bolstering case for more RBA tightening

Australian labor market continued to show strength in March, with employment growth significantly outperforming expectations. The strong employment data shows very few signs of weakness in the labor market, suggesting that RBA may need to resume tightening in May. According to the today’s data, employment increased by 53k in seasonally adjusted terms, well above expectation […] The post Australian employment grew solidly by 53k, bolstering case for more RBA tightening appeared first on Action Fo... Read More

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Content Topics

Australian

Employment

Grew

Solidly

53k

Bolstering

Case

Tightening

Forex

Posted: Apr 13 2023, 04:27

Author Name: actionforex

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