Higher numbers than forecast tend to be bullish for AUD/xxx pairs and bearish for xxx/AUD 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 42.2K against a forecast of 20K.
Recent economic data has been strongly bullish for AUD. Other recent announcements which may affect the market's interpretation of the next Employment Change s.a. result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| S&P Global Composite PMI | Bullish change | 52.1 | 52.6 | ||
| S&P Global Manufacturing PMI | Bullish change | 49.7 | 51.6 | ||
| S&P Global Services PMI | Bullish change | 52.5 | 52.7 | ||
| Wage Price Index (QoQ) | (no change) | 0.8% | 0.8% | ||
| Full-Time Employment | Bullish change | 6.5K | 55.3K | ||
| Participation Rate | (no change) | 67% | 67% | ||
| Part-Time Employment | Bearish change | 6.3K | -13.1K | ||
| Unemployment Rate s.a. | Bullish change | 4.5% | 4.3% | ||
| Consumer Inflation Expectations | Bearish change | 4.8% | 4.5% | ||
| Westpac Consumer Confidence | Bullish change | -3.5% | 12.8% |
| Country: | Australia |
|---|---|
| Currency: | AUD |
| Source: | Australian Bureau of Statistics |
| Category: | Labor Market |
| Frequency: | Monthly |