Australian Unemployment Rate Declines as Fewer People Seek Work
Thursday, 14 June 2018 08:53 WIB | ASIA | AustraliaPengangguran

Australian unemployment declined to 5.4 percent in May as fewer people sought work.

Jobs gained 12,000 from April; economists forecast 19,000 gain. Unemployment fell to 5.4% from 5.6%; estimate 5.5%.

Full-time jobs dropped 20,600; part-time employment rose 32,600. Participation rate fell to 65.5%; economists predicted 65.6% .

Aussie dollar bought 75.65 U.S. cents at 11:34 a.m. in Sydney from 75.70 pre-data.

Unemployment has been range-bound at around 5.5 percent for the past year, absorbing blockbuster job gains in late 2017 and then a slower pace of hiring in the first four months of 2018.

Australian central bank officials see a solid outlook and expect that, as the jobless rate falls toward 5 percent, wage growth and inflation should pick up and clear the path for the first interest rateincrease in eight years.

Source: Bloomberg

RELATED NEWS

Japan's Wage Gains Accelerate in November Despite Gloomy Outlook
Wednesday, 9 January 2019 07:18 WIB

Japanese wages rose more than expected in November, offering hope of stronger consumer spending that could fuel inflation if gains are sustained. Overall labor cash earnings increased 2 percent from a year ago, compared with a 1.5 percent gain in October. The gain was the fourth increase of at leas...

Japan's Household Spending Falls as Wage Gains Remain Subdued
Friday, 7 December 2018 08:32 WIB

Japanese households unexpectedly trimmed spending in October as wages rose modestly, pointing to continued weakness in consumption that could weigh on any rebound from an economic contraction in the third quarter. Household spending fell 0.3 percent from a year earlier, the seventh declin...

Australia's Economy Expands Less Than Expected; Currency Drops
Wednesday, 5 December 2018 08:08 WIB

Australia's economy expanded less than expected in the three months through September amid sluggish consumption and as commercial construction declined. The currency slumped almost half a U.S. cent. Gross domestic product rose 0.3 percent from the second quarter versus economists' median estim...

Caixin PMI: China factory activity rose in October
Thursday, 1 November 2018 11:33 WIB

Activity in China's factories returned to expansion territory in October after stagnating in September, a private gauge showed, in contrast with official data that showed weaker expansion. The Caixin China manufacturing purchasing managers' index edged up to 50.1 in October from 50.0 in September, ...

China Manufacturing PMI Worsens in October as Trade War Bites
Wednesday, 31 October 2018 08:17 WIB

An official gauge of activity in China's manufacturing sector worsened in October as the effects of an ongoing trade war with the U.S. hit home. The manufacturing purchasing managers index fell to 50.2 this month from 50.8 in September, missing the median prediction of 50.6 in a Bloomberg survey of...

ANOTHER NEWS
Gold Takes Aim at Fresh 2013 Highs as U.S.-Iran Tensions Build
Tuesday, 25 June 2019 15:54 WIB Geopolitical tensions helped nudge investors into gold on Tuesday, driving the precious metal deeper into record territory. August gold rose $19, or 1.3%, to $1,437.40 an ounce, which could put the precious metal on track for the highest...

DISCLAIMER

Seluruh materi atau konten yang tersaji di dalam website ini hanya bersifat informatif saja, dan tidak dimaksudkan sebagai pegangan serta keputusan dalam investasi atau jenis transaksi lainnya. Kami tidak bertanggung jawab atas segala akibat yang timbul dari penyajian konten tersebut. Semua pihak yang mengunjungi website ini harus membaca Terms of Service (Syarat dan Ketentuan Layanan) terlebih dahulu dan dihimbau untuk melakukan analisis secara independen serta memperoleh saran dari para ahli dibidangnya.