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Aussie jobs data is in: In-line Unemployment Rate and no major changes keeps AUD/USD bid


Thursday, 18 April 2019 09:31 WIB

UnemploymentEkonomi AustraliaEmployment


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The Aussie jobs data has arrived and it has helped the Aussie higher on inline Unemployment Rate and no major changes - Full Time Employment Change was also a big beat.

Fulltime Employment (Mar)  48.3K vs  prior - 7.3k

Employment Change s.a. (Mar) 15k  vs exp 12.0k and prior 4.6 k (10.7k rev)

Part-Time Employment (Mar) - 22.6k  vs prior 11.95

Unemployment Rate s.a. (Mar) 5.0% vs exp 5.0% and prior 4.9% (Uptrend in the unemployment rate would open the door to a rate cut).

Participation Rate (Mar) 65.7% vs exp 65.6%  and prior 65.6%

More to come on revisions...

For reference (Bank Analysis and opinion prior to the data):

Analysts at Westpac explained that the RBA has made clear that an uptrend in the unemployment rate would open the door to a rate cut.

Source: FXtsreet


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