Australian employment increased by 37,400

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Thursday, Jan 15 2015

According to the latest figures, Australian employment increased by 37,400 to 11,679,400. This was well above anticipated incline by 5,3000. Full-time employment increased by 41,600 to 8,105,300 and part-time employment decreased 4,100 to 3,574,100. Unemployment decreased 16,200 to 759,200. The number of unemployed persons looking for full-time work increased by 6,000 to 551,500 and the number of unemployed persons only looking for part-time work decreased by 22,300 to 207,700.

Unemployment rate decreased 0.1 pts to 6.1% from a revised November 2014 estimate. Analysts were forecasting no change. Participation rate increased less than 0.1 pts to 64.8%. Aggregate monthly hours worked decreased 7.7 million hours (0.5%) to 1,597.8 million hours.

After the data Aussie was pushed above 0.82 handle around which it is currently being traded. Later today, in the US session Unemployment Claims, PPI, Empire State Manufacturing Index and Philly Fed Manufacturing Index figures are scheduled for a release.

More in this category: « US Retail Sales decreased by 0.9% Euro sharply down as discontinued SNB minimum exchange rate »

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