-
Australian Employers Unexpectedly Cut Payrolls in August
Australian employers unexpectedly cut payrolls in August as weaker demand discouraged hiring, underscoring the challenge for Prime Minister-elect Tony Abbott to boost the nation’s economy. The local currency declined. The number of people employed fell by 10,800 from the previous month, when it declined by a revised 11,400, the statistics bureau said in Sydney today. That compares with the median estimate for a 10,000 increase in a Bloomberg News survey of 28 economists. The jobless rate rose to 5.8 percent from 5.7 percent. Labor market weakness complicates the task for Abbott’s coalition, which won office Sept. ... (full story)
- Comments
- Comment
- Subscribe
- Comment #1
- Quote
- Sep 11, 2013 10:05pm Sep 11, 2013 10:05pm
- Deano9999
- Joined Jan 2012 | Status: Member | 609 Comments
- Comment #2
- Quote
- Sep 11, 2013 10:38pm Sep 11, 2013 10:38pm
- Pip Anon
- Joined Jan 2013 | Status: Trading defies logic | 1796 Comments
When the facts change I change my mind, what do you do sir
- Comment #3
- Quote
- Edited Sep 12, 2013 2:17am Sep 11, 2013 11:20pm | Edited Sep 12, 2013 2:17am
- sopreentu
- | Joined Dec 2011 | Status: Member | 11 Comments
- Comment #4
- Quote
- Sep 12, 2013 12:44am Sep 12, 2013 12:44am
- Hot4Pips
- | Joined Apr 2012 | Status: Member | 302 Comments
- Comment #5
- Quote
- Sep 12, 2013 1:10am Sep 12, 2013 1:10am
- Bakker
- Joined Jun 2011 | Status: Member | 3257 Comments
- Comment #6
- Quote
- Sep 12, 2013 2:14am Sep 12, 2013 2:14am
- sopreentu
- | Joined Dec 2011 | Status: Member | 11 Comments
- Comment #7
- Quote
- Sep 12, 2013 2:18am Sep 12, 2013 2:18am
- Hot4Pips
- | Joined Apr 2012 | Status: Member | 302 Comments