The employment market in Australia continues its strong trend, with 58K jobs added in July.

  • The jobless rate rose a tick to 4.2%
  • the participation rate hit a new high at 67.2%
  • Underemployment rate 6.3% (prior was 6.4%)
  • Underutilisation rate 10.6% (prior was 10.5%)

AUD/USD update:

audusd unemploymnet rate Australia 15 August 2024 2

Earlier: