DislikedAussie data confusing
Employment Change - 8.8k unemployment rate droped 0.2% how ? , made mistake while cooking book ?Ignored
however employment / unemployment figures can become non relative for various reasons, eg, seasonal work, this is not classified as full term employment re data, and yet each season 10s of thousands start or finish seasonal employment, and registered as unemployed off season, of this workforce, the data is only noted when unemployed,
another is govt created short term contracts, the number is not recorded re employment, but the unemployment at contract end does
another social dependants, unemployed can be transferred to sickness books, which effectively does not improve employment data, but does improve unemployment data
Is just tools for statistics dept to cook books pro or anti govt of the day as required
Is why employment and unemployment data sometimes market reacts, hard and other times no reaction for similar numbers
"BUT" NFP is different kettle of fish, for obvious reasons
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