Australian Jobs Data

Australian Jobs Data

The state of a country’s labor market has a direct impact on its economic growth. Two big data releases will be published in Australia at 02:30 MT time on February 15. Employment change will show the change in the number of employed people during January. If the actual number exceeds forecast, the Australian dollar will go up.

Considering the unemployment rate, the situation is the opposite. If the actual number is less than the expected one, the currency will win. It shows the percentage of the total workforce that is unemployed and actively seeking employment during the previous month.


Latest news

Greenback edges down

On Tuesday, the evergreen buck dived because the common currency bounced off and the UK pound managed to ascend to the day’s maximums reacting to reports that British Prime Minister Theresa May is going to take control of Brexit talks…

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