Australian unemployment fell by 0.1% to 6.1% in December, an outcome that was well ahead of expectations for an increase to 6.3%
Stonex
Australian unemployment fell by 0.1% to 6.1% in December, an outcome that was well ahead of expectations for an increase to 6.3%. In total 37,400 net jobs were created during the month with full time roles jumping by 41,600, overshadowing a 4,100 decline in part time employment. Despite a small 0.01% uptick in labour market participation to 64.75% the increase in employment was enough to see unemployment dip by 0.1%. (VIEW LINK)
David is a Director of Scutt Partners Pty Ltd and has successfully worked in the financial services markets over the past 12 years with both large and smaller banking groups. He has provided strategic financial analysis for currency and interest...
Expertise
No areas of expertise
David is a Director of Scutt Partners Pty Ltd and has successfully worked in the financial services markets over the past 12 years with both large and smaller banking groups. He has provided strategic financial analysis for currency and interest...
Expertise
No areas of expertise