TenkoFX - Analytics

    TenkoFX

    415.75 7.25/10
    68% of positive reviews
    Real

    Australian May employment report slightly better-than-expected

    Australian May employment report came slightly better-than-expected, with the employmet change at 17.9k vs 15k exp and 10.8k prior, with full time job creation flat at 0, while part time jobs came at 17.9k. The participation rate decreased to 64.8%, while the unemployment rate was stable at 5.7%.MAY KEY POINTS

    TREND ESTIMATES (MONTHLY CHANGE)
    SEASONALLY ADJUSTED ESTIMATES (MONTHLY CHANGE)
    LABOUR UNDERUTILISATION (QUARTERLY CHANGE)


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