- Australia September Employment change: +9.1k (vs. expected +15.0k)
- Australia September Unemployment rate: 5.6% (vs. expected 5.8%)
- Full-time Employment change: +5.0k (prior -2.6k)
- Part-time employment change: +4.1k (prior -8.2k)
- Participation rate: 64.9% (prior 65.0%, expected 65.0%)
Unemployment drops – attributed to the fall in the participation rate (low since November 2006)
Employment growth is positive, but not impressive – comes in lower than expected
AUD has jumped a little, 65/67 as I type. Some stops taken out above 0.9460 but an uninspiring sort of move on an uninspiring bunch of results.
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From the Australian Bureau of Statistics:
