BRIEF: EU’s Hahn Moots Possibility Of Slowing NGEU Repayments

MNI China Daily Summary: Monday, April 29

MNI BRIEF: China Pushes Back Against Japan's Semiconductor Threat

MNI: PBOC Conducts CNY2 Bln Via OMO Mon; Liquidity Unchanged

MNI: PBOC Sets Yuan Parity Higher At 7.1066 Mon; -4.49% Y/Y

CHINA PBOC INJECTS CNY2 BILLION VIA 7-DAY REVERSE REPOS MON

EZ/UK T-Bill Calendar: Greece, Belgium Auction on Tuesday

EZ/UK Bond Supply Calendar: Netherlands, UK, Germany Due Tuesday

Sequential SA Services CPI Estimated To Have Slowed Markedly

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

© 1982-2023 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

MNI BRIEF: Aussie Employment Falls, Unemployment At 3.8%

(MNI) Melbourne
Central Bank NewsPolicy NewsEmailAPACAustraliaBriefStoryRBARegion

Australian unemployment rose to 3.8% in March, lower than the market’s 3.9% prediction, but up from the prior month’s 3.7%, while employment fell by 6,6000, data from the Australian Bureau of Statistics revealed Thursday.

The market had expected the economy to add 10,000 jobs over March. The Reserve Bank of Australia has forecasted within its February Statement on Monetary Policy that unemployment will reach 4.2% by Q2.

Keep reading...Show less
160 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.

Australian unemployment rose to 3.8% in March, lower than the market’s 3.9% prediction, but up from the prior month’s 3.7%, while employment fell by 6,6000, data from the Australian Bureau of Statistics revealed Thursday.

The market had expected the economy to add 10,000 jobs over March. The Reserve Bank of Australia has forecasted within its February Statement on Monetary Policy that unemployment will reach 4.2% by Q2.

Keep reading...Show less