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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.
(MNI) Melbourne
The Australian unemployment rate remained at 3.7% in Aug., in line with market expectations, while employment jumped by about 65,000, according to data released today by the Australian Bureau of Statistics.
Employment growth is typically 32,000 per month, according to Bjorn Jarvis, head of labour statistics at the ABS. “The employment-to-population ratio rose 0.1 pp to 64.5%, around the record high in June," Jarvis said. "The participation rate also increased, up to a record high of 67.0% in August, which, together with the high employment-to-population ratio, continues to reflect a tight labour market."
Daniel covers the Reserve Bank of Australia and the Reserve Bank of New Zealand and leads the Asia-Pacific team.
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.
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