I posted a preview earlier here: Still to come from Australia - Jobs report due tomorrow - preview
These now via ...
Barclays:
- We expect employment conditions to remain robust and the unemployment rate to decline marginally in October.
TD Securities:
- We expect another outsized employment report as Oct and Nov tend to be seasonally robust employment months and we assume a similar impact this year, looking for +30k for both months. This leaves annual growth close to 3% and keeps the u-rate at 5.5% (if the participation rate ticks up as we expect to 65.3%).
CBA:
- The Australian labour market should continue to show strength with 23,000 jobs forecast to be added in November.
- Leading indicators including ANZ Job Ads and ABS Job vacancies, as well as the employment index within the NAB Business survey continue to suggest reasonable jobs growth.
--
Coming up at 0030 GMT on Thursday 16 November 2017
