wrapper

Number of employed in Australia decreased by 1,000

Thursday, Jan 14 2016
According to the latest report, Australian employment decreased 1,000 to 11,902,300 from a revised November 2015 estimate. Analysts were anticipating decrease by 11,000. Full-time employment increased 17,600 to 8,228,700 and part-time employment decreased 18,500 to 3,673,600.Unemployment decreased 10,900 to 727,500. The number of unemployed persons looking for full-time work decreased 2,600 to 515,000 and the number of unemployed persons only looking for part-time work decreased 8,400 to 212,500. 
 Unemployment rate decreased 0.1 pts to 5.8%, based on unrounded estimates. Increase to 5.9% was predicted. Participation rate decreased 0.1 pts to 65.1%, based on unrounded estimates. Monthly hours worked in all jobs increased 0.3 million hours to 1,645.2 million hours.
 
Aussie is currently being traded around 0.6950 area. Pair is likely to find support around 0.69 handle and resistance above 0.70 level. Later today, in the US session, Unemployment Claims figures are scheduled for a release.
More in this category: « Crude Oil Inventories increased by 0.2 million barrels Euro higher in an uneventful European part of the session »

Latest from Editor

About Us

Forex Web News is part of Rolling Capital Network providing financial consulting.

Within the Forex Web News we provide our readers with expert and timely technical analyses, fundamental analyses and news; with one aim – for our readers to make best possible financial decisions.

Forex Web News desks and analysis department follow the international markets closely and create high quality proprietary content on a both daily and weekly basis.

.

All our analysts have several years of trading and analysis experience. The Forex Web News analysis team creates daily and weekly analyses and offer forecasts regarding where they believe the markets are heading. Our readers are provided with data displayed both in texts and on graphs, providing them the fullest understanding of what is happening in the market place.

We are constantly growing our news desks and our analysis departments as we strive to broaden the content we provide to visitors of the Forex Web News.

Disclaimer

Rolling-capital.com – The company, employees, subsidiaries and associates, are not liable nor shall they be held liable jointly or severally for any loss or damage as a result of reliance on the information provided on this website. The data contained in this website is not necessarily provided in real-time nor is it necessarily accurate. All prices herein are provided by market makers and not by exchanges. As such prices may not be accurate and they may differ from the actual market price. rolling-capital.com bears no responsibility for any trading losses you might incur as a result of using any data within the Forex Web News.