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AU Employment continued the recovery through July
Total employment surged a further 114.7k in July, a solid gain following on from the robust 252.0k bounce in June (revised from 210.8k) which is a solid 343.1k reversal from the sharp –871.5k contraction through April and May. The COVID shutdowns hit part-time employment particularly hard through April and May (–533.7k over the two months) and so we were not surprised to see the recovery to date is also focused on part-time employment. Lifting a further 71.2k in July part-time employment is now up 323.2k in two months more than half way to reversing the –533.7k fall in April and May. Compare that to full-time ... (full story)
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- Aug 13, 2020 4:57am Aug 13, 2020 4:57am
- seaman2
- | Joined Feb 2013 | Status: Member | 630 Comments
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andoseg2
- Joined Jun 2011 | Status: Swing trader using Market Cycles | 32 Comments
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