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Expect Big Revisions to Australian Labor Market Data
Traders and market participants are expecting big revisions to labor market statistics provided by Australian statisticians on Thursday, as the absence of seasonality from the data for the July-September period will likely lead to downward revisions of July and August data, but also surprise on the upside for September. The Australian Bureau of Statistics (ABS) said on Wednesday that while preparing labor market statistics for September, due to be released on Thursday, October 9 at 11:30am Canberra time, it has found "little evidence of seasonality in the July, August and September months for 2014" and that it has ... (full story)
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