Breaking News

Australia Unemployment Rate

Latest Release

May 18, 2023

Actual

3.7%

Forecast

3.5%

The Unemployment Rate measures the percentage of the total work force that is unemployed and actively seeking employment during the previous month.

A higher than expected reading should be taken as negative/bearish for the AUD, while a lower than expected reading should be taken as positive/bullish for the AUD.

Importance:

Country:

Currency: AUD

Source: Australian Bureau of Statistic...

Release Date	Time	Actual	Forecast	Previous
Jun 14, 2023 (May)	21:30			3.7%
May 17, 2023 (Apr)	21:30	3.7%	3.5%	3.5%
Apr 12, 2023 (Mar)	21:30	3.5%	3.6%	3.5%
Mar 15, 2023 (Feb)	20:30	3.5%	3.6%	3.7%
Feb 15, 2023 (Jan)	20:30	3.7%	3.5%	3.5%
Jan 18, 2023 (Dec)	20:30	3.5%	3.4%	3.5%

News

RBA hikes rates by 25 basis points as inflation remains too high By Investing.com - Jun 06, 2023 1

Investing.com -- The Reserve Bank of Australia raised interest rates on Tuesday, warning that inflation still remained too high in the country and that more policy tightening may still be in order...

Australia CPI inflation beats expectations in April, feeds RBA hawks By Investing.com - May 30, 2023

Investing.com -- Australian consumer price index inflation rose more than expected in April amid stubbornly high fuel and housing prices, likely inviting more interest rate hikes by the Reserve Bank...

Australian retail sales flat in April as consumers tighten purse strings By Investing.com - May 25, 2023

Investing.com-- Australian retail sales missed expectations in April, remaining flat from the prior month as a rising cost of living and high interest rates saw consumers pulling back further on...

Analysis

AUD/USD Under Pressure After Soft Aussie Employment By Kenny Fisher - May 18, 2023

Australia’s employment change declines Markets lower expectations of a Fed pause in June The Australian dollar resumed its downswing on Thursday after taking a pause a day earlier. AUD/USD is...

AUD/USD Falls Ahead of Employment Report By Kenny Fisher - Mar 15, 2023

The Australian dollar, which posted strong gains early in the week, has run into a wall on Wednesday. In the European session, AUD/USD trades at 0.6638, down 0.66%.Australian job growth expected to...

Equity Markets Poised to Open Green, While Gold and Oil Face Uncertainty By Kenny Fisher - Feb 16, 2023 2

Equity markets are poised to open in the green once more on Thursday, continuing what has been a rather strange week of trade so far. We’ve seemingly gone from euphoria at the start of the year...

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