Higher numbers than forecast tend to be bullish for AUD/xxx pairs and bearish for xxx/AUD pairs.
The most recent announced value for Participation Rate was 67.2% against a forecast of 67.1%.
Recent economic data has been moderately bullish for AUD. Other recent announcements which may affect the market's interpretation of the next Participation Rate result:
Previous | Latest | ||||
---|---|---|---|---|---|
Employment Change s.a. | Bullish change | 42.6K | 64.1K | ||
Full-Time Employment | Bullish change | -5.9K | 51.6K | ||
National Australia Bank's Business Confidence (QoQ) | Bearish change | -2 | -6 | ||
Part-Time Employment | Bearish change | 48.5K | 12.5K | ||
Unemployment Rate s.a. | (no change) | 4.1% | 4.1% | ||
Consumer Inflation Expectations | Bearish change | 4.4% | 4% | ||
Westpac Consumer Confidence | Bullish change | -0.5% | 6.2% |
Country: | Australia |
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Currency: | AUD |
Source: | Australian Bureau of Statistics |
Category: | Labor Market |
Frequency: | Monthly |