Lower numbers than forecast tend to be bullish for xxx/AUD pairs and bearish for AUD/xxx pairs.
The typical/expected impact on AUD pairs is medium.
There is no forecast value for Participation Rate yet - check back for updates.
The most recent announced value for Participation Rate was 67.1% against a forecast of 67.2%.
Recent economic data has been strongly bearish for AUD. Other recent announcements which may affect the market's interpretation of the next Participation Rate result:
Previous | Latest | ||||
---|---|---|---|---|---|
Employment Change s.a. | Bearish change | 61.3K | 15.9K | ||
Full-Time Employment | Bearish change | 48.8K | 9.7K | ||
Part-Time Employment | Bearish change | 12.5K | 6.2K | ||
Unemployment Rate s.a. | (no change) | 4.1% | 4.1% | ||
Consumer Inflation Expectations | Bearish change | 4% | 3.8% | ||
Wage Price Index (QoQ) | (no change) | 0.8% | 0.8% | ||
Westpac Consumer Confidence | Bearish change | 6.2% | 5.3% |
Country: | Australia |
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Currency: | AUD |
Source: | Australian Bureau of Statistics |
Category: | Labor Market |
Frequency: | Monthly |