Australia's unemployment rate came in at 4.5% for July, missing the 4.4% consensus and unchanged from the prior month's revised reading. The data is from an unverified source. A higher-than-expected jobless rate points to loosening labor conditions, potentially easing RBA rate-hike pressure.
Sentimentneutral 50
Neutral · 50 of 100
Impact30
low · stays off the top drivers
Confidence70%
moderate confidence · 4 wires
Eventdeveloping
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New Zealand annual trade balance deficit widens to -3.75Bneutral 50 · impact 10
Australia July unemployment rate rises to 4.5%, seasonally adjusted (Poll 4.4%)
Australian participation rate steady at 66.9% in July, below prior 67.0%neutral 50 · impact 30 · this page
Australian unemployment rate rises to 4.5% in July, above 4.4% forecastneutral 50 · impact 30 · first wire
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