Wow! Big jobs added number, >4* expected! The bulk of that full-time.
This is going to fuel speculation of no Reserve Bank of Australia rate cut next week. Expectations were widely held of a 25bp cut on May 20. Mix in a calming of Trump's trade wars and its not too much of a stretch to see the Reserve Bank of Australia on hold next week. The meeting is live.
Employment Change +89.0K
expected +20K, prior +32.2KFull-Time Employment +59.5K
prior +15KPart-Time Employment +29.5K
prior +17.2KUnemployment Rate 4.1%
expected 4.1%, prior 4.1%Participation Rate 67.1%, a record high
expected 66.8%, prior 66.8% This article was written by Eamonn Sheridan at www.forexlive.com. Read More Details
Finally We wish PressBee provided you with enough information of ( Australia April 2025 unemployment rate 4.1% (vs. 4.1% expected) & Employment Change +89.0K )
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