Australian Change in Employment

This figure shows the change in the number of people employed in Australia from the previous month. Therefore this report shows how many new jobs were created or lost during this period. This report is quite significant in that it indicates future spending and growth since having a job naturally affects the way consumers spend. If there is a rise in employment it could be that the RBA will increase interest rates to counter possible inflation.

The AUD/USD tends to move according to these results but it is further magnified when it corresponds with the unemployment rate. If these two figures do not correspond, the Aussie tends to react more to the jobless rate.

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