Australia Employment Change: +178.8K (vs. expected -27.5K) & Unemployment Rate: 7.0% (vs. expected 7.1%)
October jobs market report from Australia
Employment Change: +178.8K HUGE BEAT
expected -27.5K, prior -29.5K
expected 7.1%, prior 6.9%
prior was -20.1K
prior was -9.4K
expected 64.8%, prior was 64.8%
While the number of employed people in Australia is still 230,000 down on the February payroll this improvement today is at least a good claw back. More work to do of course.