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Australian jobs report: Jobs K +32.2K (+15K expected) & Unemployment 3.4% (3.6% expected)

Australian jobs report: Jobs K +32.2K (+15K expected) & Unemployment 3.4% (3.6% expected)

Australian economic data - the employment report for October

A solid report.

  • Full-time jobs jumped from September while part-time fell (14,900 decline in part-time employment)
  • headline jobs added is twice what was the consensus expected
  • unemployment rate dropped again (lower participation takes a touch of shine off)

More:

  • underemployment rate remained at 6.0%
  • underutilisation rate 9.3%, lowest since March 1982... Read More
Posted: Nov 17 2022, 00:30
Author Name: forexlive
Views: 111543

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