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Australian Unemployment Rate expected to steady, job gains to slow in August
The Australian Bureau of Statistics (ABS) will release the monthly employment report at 1:30 GMT on Thursday. The country is expected to have added 25K new positions in August, while the Unemployment Rate is foreseen to remain steady at 4.2%. The Australian Dollar (AUD) heads into the event with a firmer tone against its United States (US) rival, with AUD/USD hovering around the 06770 level. The ABS reports Employment Change separating full-time from part-time positions. According to its own definitions, full-time jobs imply working 38 hours per week or more and usually include additional benefits, but they mostly ... (full story)
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- Posted: Sep 18, 2024 8:00pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 4,296
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