Lower numbers than forecast tend to be bullish for xxx/AUD pairs and bearish for AUD/xxx pairs.
The most recent announced value for Participation Rate was 66.7% against a forecast of 66.8%.
Recent economic data has been strongly bearish for AUD. Other recent announcements which may affect the market's interpretation of the next Participation Rate result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Consumer Inflation Expectations | Bearish change | 5.9% | 5.6% | ||
| Employment Change s.a. | Bearish change | 23.3K | -18.6K | ||
| Full-Time Employment | Bearish change | 63.4K | -10.7K | ||
| Part-Time Employment | Bullish change | -40K | -7.9K | ||
| Unemployment Rate s.a. | Bearish change | 4.3% | 4.5% | ||
| S&P Global Composite PMI | Bearish change | 50.4 | 47.8 | ||
| S&P Global Manufacturing PMI | Bearish change | 51.3 | 50.2 | ||
| S&P Global Services PMI | Bearish change | 50.7 | 47.7 | ||
| Westpac Consumer Confidence | Bullish change | -12.5% | 3.5% | ||
| Wage Price Index (QoQ) | (no change) | 0.8% | 0.8% |
| Country: | Australia |
|---|---|
| Currency: | AUD |
| Source: | Australian Bureau of Statistics |
| Category: | Labor Market |
| Frequency: | Monthly |