Wednesday , 6 November 2024
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Australian September unemployment rate 4.1% (vs. 4.2% expected)

The latest from the Australian Bureau of Statistics for the Labour Force report, September 2024.

This is a smashingly good jobs report, AUD/USD has

Employment +64.1k

  • expected +25.0k, prior +47.5k

Unemployment Rate 4.1%

  • expected 4.2%, prior 4.2%

Participation Rate 67.2%

  • expected 67.1%, prior 67.1%

Full Time Employment +51.6k

  • prior -3.1k

I posted earlier that robust employment in Australia is giving the Reserve Bank of Australia room

This article was written by Eamonn Sheridan at www.forexlive.com.

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