Home Australia: Employment likely to print 5k in June – TDS

Australia: Employment likely to print 5k in June – TDS

Updated: 17 Jul. 2019 | 15:02

Analysts at TD Securities are anticipating some give back in June from May’s election driven boost to Australian employment.

Key Quotes

“We forecast +5k for headline Jun employment, the participation rate to remain at 66% and the unemployment rate to remain at 5.2%. The risk is for the unemployment rate to edge higher should more people be looking for work.”

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