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Aussie Employment Report

The Australian Dollar again has come under some pressure today as it has all week producing weaker than expected economic indicators. Although the rate is as expected the number of jobs created was ~20k less than expected with a softer participation rate. The details of the release are as follows:

  • Employment Change – Survey:5.0k   Actual:-15.4k   Prior:46.3k
  • Unemployment Rate – Survey:5.2%   Actual:5.2%   Prior:5.1%
  • Full Time – Actual:0.0k   Prior:12.3K
  • Part Time – Actual:-15.4K   Prior:34.0K
  • Participation Rate – Survey:65.3%   Actual:65.2%%   Prior:65.3%