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Another Hefty Increase on Australian Employment, says ABS


五月, 18 2017
watermark Economic news

The Australian currency was able to enter again the positive grounds followed by an increase in employment data in April while the unemployment rate decrease reaching its lowest level for this year.

The economy of Australia was able to add more jobs about 37,400, the figures are lower than the previous month reaching 60,000 approximately, however, the number remains strong according to the report of the Australian Bureau of Statistics. Because it surpasses the estimated 5,000 jobs assessed by the economists.

The jobless rate declined by 5.7 percent versus 5.9 percent in the month of March which reaching an equal value in January.

Moreover, central bank’s minutes of meeting was released showing a thorough discussion regarding the adjustment in the employment composition as it indicates the differences between the full-time and part-time works and it became less important when it comes to the assessment of the labour market status.

Additionally, the Aussie expanded hitting 0.3 percent towards  $0.7456 after the publication of the stronger data.


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外汇本质上有高度的投机性和复杂性,可能并不适合所有投资者。 外汇交易可能会带来重大的收益或损失。 因此,建议您不要承担无法承受的损失。 在使用ForexMart提供的服务之前,请确认外汇交易相关联的风险。 必要时寻求独立的财务意见。请注意,过去的业绩和预测都不是未来结果的可靠指标。