Australian dollar marked lower on the jobs drop:
Employment Change -52.8K ... very ugly
Full-Time Employment -35.7K
prior +54.1KPart-Time Employment -17.1K
prior-10.1KUnemployment Rate 4.1%
expected 4.1%, prior 4.1%Participation Rate 66.8%
expected 67.3%, prior 67.3%***
Well, that is a terrible result on the jobs change number,
80K lower than expected and 90K lower than last monthBut ...
the unemployment rate remains unchangedBut ...
the participation rate fell in a heapI'm done with the excuses, this is a poor report.
At the margin, it'll improve the prospects for RBA rate cuts.
This article was written by Eamonn Sheridan at www.forexlive.com.Hence then, the article about australia feb 2025 unemployment rate 4 1 vs 4 1 expected employment change 52 8k was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details
Finally We wish PressBee provided you with enough information of ( Australia Feb 2025 unemployment rate 4.1% (vs. 4.1% expected) & Employment Change -52.8K )
Also on site :
- Penn Yan schools on lockdown and lockout due to possible report of weapon at high school
- NBC Extends ‘Line of Fire’ With Full-Season Pickup
- In 1944, Curtis Springer claimed 12,800 acres of Mojave land and built Zzyzx; the government evicted him in 1974