Another strong employment report from Australia.
Employment +58.2k
expected +20.0k, prior +50.2k
Unemployment Rate 4.2%
expected 4.1%, prior 4.1%
Participation Rate 67.1%
expected 66.9%, prior 66.9%
Full Time Employment +60.5k
prior + 43.3k
While the unemployment rate rose, so did jobs added – the higher participation rate will be pointed at for the jobless jump.
At the margin another reason for the Reserve Bank of Australia to h
This article was written by Eamonn Sheridan at www.forexlive.com.
