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Your 10-second guide to today's Australian jobs report
Australia’s jobs report for June is out today. After three months of stonking employment gains, coinciding with a clear strengthening in lead labour market indicators earlier in the year, economists are expecting another solid increase in job creation from today’s data. And, with speculation over the outlook for interest rates next year elevated thanks to optimistic remarks from the RBA at its July monetary policy meeting, this report carries the potential to be even more market-moving than usual. Here’s the state of play: •In May, employment jumped by 42,000 in seasonally adjusted terms, easily surpassing ... (full story)