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Australian employment report coming up - here's why a higher jobless rate is line-ball

The March Labour Force Survey is due at 0130 GMT, which is 9.30pm US Eastern time. 11.30 am Sydney time. You'll note that the jobless rate in the previous report, for fenr, was 3.5%.National Australia Bank point out that February jobless rate was, 3.54% ungrounded, and thus: the barrier to a tick higher in unemployment is smallDespite this NAB are forecasting 3.5%. As is Westpac. Commonwealth Bank of Australia are forecasting:expect a 20k lift in employment –not enough to keep the unemployment r... Read More

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Content Topics

Australian

Employment

Report

Coming

Here

Higher

Jobless

Here s

Line ball

Forex

Posted: Apr 13 2023, 00:23

Author Name: forexlive

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