![Australia jobs 15 February 2024 2](https://images.forexlive.com/images/Australia%20jobs%2015%20February%202024_id_82b36be1-9ad5-424b-8957-2bcbeca76c3c_size900.jpg)
Australia's January labour force survey is due at the bottom of the hour.
Preview snippet via CBA:
- labour market remains tight but there is a clear trend of conditions easing
- Underutilisation has risen, employment growth has been driven by part-tim e employees and hours worked have fallen for two consecutive quarters. Private sector measures of labour demand also continue to show a cooling.
- Our forecast is for a 40k rise in employment and for the participation rate to rise to 66.9%. This would push the unemployment rate up to 4.0%.