RBA said to be targeting 4.5% unemployment, a ways to go!

Employment Change: -19.0K big miss

  • expected 15K, prior 14.7K 3

Unemployment Rate: 5.3%

  • expected 5.2%, prior 5.2%

Full Time Employment Change: -10.3K

  • prior was 26.2K

Part Time Employment Change: -8.7K

  • prior was -11.4K

Participation Rate:66.0 %

  • expected 66.1%
  • prior was 66.1%

I'll post more on this separately. AUD marked down immediately.

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ps. Data still to come from China will also likely impact on aud: activity data for October