The key headline in the monthly jobs report from ozz Australia is the unemployment rate.

Its come in at 5.3%

  • vs. 5.2% expected
  • prior of 5.1%

The post is here for more: Australia January labour market report - mixed with u/e up but so is employment, full-time, and the participation rate

AUD took a hit but is only a few points lower than where it was:

The key headline in the monthly jobs report from ozz Australia is the unemployment rate.

Confounding the bad u/e rate are some better numbers:

  • Employment
  • Change: +13.5K (expected 10K, prior 28.9 K)
  • Full Time Employment Change: +46.2K (prior was -0.3K)
  • Participation Rate: 66.1%(vs. expected 66.0%, prior was 66.0%)