Lower numbers than forecast tend to be bullish for xxx/AUD pairs and bearish for AUD/xxx pairs.
The typical/expected impact on AUD pairs is high.
There is no forecast value for Employment Change s.a. yet - check back for updates.
The most recent announced value for Employment Change s.a. was 17.8K against a forecast of 20K.
Recent economic data has been moderately bearish for AUD. Other recent announcements which may affect the market's interpretation of the next Employment Change s.a. result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Full-Time Employment | Bearish change | 56.8K | 50.5K | ||
| Participation Rate | (no change) | 66.7% | 66.7% | ||
| Part-Time Employment | Bearish change | 11.7K | -32.7K | ||
| Unemployment Rate s.a. | (no change) | 4.1% | 4.1% | ||
| National Australia Bank's Business Confidence (QoQ) | Bullish change | 2 | 3 | ||
| Wage Price Index (QoQ) | (no change) | 0.8% | 0.8% | ||
| Consumer Inflation Expectations | Bullish change | 4.6% | 5% | ||
| Westpac Consumer Confidence | Bearish change | -1.7% | -2.6% |
| Country: | Australia |
|---|---|
| Currency: | AUD |
| Source: | Australian Bureau of Statistics |
| Category: | Labor Market |
| Frequency: | Monthly |