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ANZ Look For Solid Employment Growth

AUSTRALIA

Ahead of today’s labour market report ANZ note that they expect “solid employment growth to have continued in December with a 35K rise and participation to have remained around November’s record high. While job vacancies dropped 5% Q/Q in November, they are still very high relative to history and NAB’s Employment Index also remains well above average. We see unemployment consolidating at 3.4% with risks balanced.”

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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