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Australian unemployment rate fell to 6.3%

Thursday, Mar 12 2015
Number of employed in Australia increased 15,600 to 11,652,400 from a revised January 2015 estimate, in line with market forecasts. Full-time employment increased 10,300 to 8,062,000 and part-time employment increased 5,300 to 3,590,400 from a revised January 2015 estimate. 
 
Unemployment decreased 15,800 to 777,300. The number of unemployed persons looking for full-time work increased 2,800 to 553,000 and the number of unemployed persons only looking for part-time work decreased 18,600 to 224,300. Unemployment rate decreased 0.1 pts to 6.3%. No change was predicted.
 
After the data Aussie edged down few points but managed to rebound currently being traded slightly above 0.7620 level. Pair is likely to find support around 0.7550 and resistance above 0.7650 area. Later today, in the US session, Retail Sales and Unemployment Claims figures are scheduled for a release. 
More in this category: « U.S crude oil inventories increased by 4.5 million barrels U.K. Trade Balance deficit narrowed to £8.4 billion »

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