Monday, 21 January 2019
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
Australian Unemployment Rate Declines as Fewer People Seek Work
Thursday, 14 June 2018 08:53 WIB | ASIA | AustraliaPengangguran

Australian unemployment declined to 5.4 percent in May as fewer people sought work.

Jobs gained 12,000 from April; economists forecast 19,000 gain. Unemployment fell to 5.4% from 5.6%; estimate 5.5%.

Full-time jobs dropped 20,600; part-time employment rose 32,600. Participation rate fell to 65.5%; economists predicted 65.6% .

Aussie dollar bought 75.65 U.S. cents at 11:34 a.m. in Sydney from 75.70 pre-data.

Unemployment has been range-bound at around 5.5 percent for the past year, absorbing blockbuster job gains in late 2017 and then a slower pace of hiring in the first four months of 2018.

Australian central bank officials see a solid outlook and expect that, as the jobless rate falls toward 5 percent, wage growth and inflation should pick up and clear the path for the first interest rateincrease in eight years.

Source: Bloomberg

RELATED NEWS
Japan's Wage Gains Accelerate in November Despite Gloomy Outlook...
Wednesday, 9 January 2019 07:18 WIB

Upah Jepang naik lebih dari yang diperkirakan pada bulan November, menawarkan harapan pengeluaran konsumen yang lebih kuat dapat memicu inflasi jika kenaikan berkelanjutan. Secara keseluruhan, pendap...

Japan's Household Spending Falls as Wage Gains Remain Subdued...
Friday, 7 December 2018 08:32 WIB

Rumah tangga Jepang secara tak terduga memangkas pengeluaran pada bulan Oktober seiring kenaikan moderat upah, menunjukkan kelanjutan pelemahan dalam konsumsi yang dapat membebani setiap rebound dari ...

Australia's Economy Expands Less Than Expected; Currency Drops...
Wednesday, 5 December 2018 08:08 WIB

Ekonomi Australia berekspansi kurang dari yang diperkirakan dalam tiga bulan hingga September di tengah konsumsi yang lamban dan seiring konstruksi komersial menurun. Mata uang merosot hampir setengah...

Caixin PMI: China factory activity rose in October...
Thursday, 1 November 2018 11:33 WIB

Aktivitas di pabrik-pabrik China kembali ke wilayah ekspansi pada bulan Oktober setelah stagnan pada bulan September, indeks swasta menunjukkan, berbeda dengan data resmi yang menunjukkan ekspansi yan...

China Manufacturing PMI Worsens in October as Trade War Bites...
Wednesday, 31 October 2018 08:17 WIB

Indeks aktivitas resmi di sektor manufaktur China memburuk pada bulan Oktober seiring dampak dari perang dagang yang sedang berlangsung dengan AS memukul domestik. Indeks manajer pembelian manufaktur...

LATEST NEWS
Erdogan : Turkey Ready to Take Over Security in Syria's Manbij

Turkey is ready to take over security in the Kurdish-controlled Syrian city of Manbij, President Recep Tayyip Erdogan said Sunday. Erdogan's office says the president spoke to U.S. President Donald Trump by telephone Sunday, days after an Islamic...

Gold Holds Decline on Signs of U.S. Economy Strength

Gold held a drop as the dollar gained amid signs of strength in the U.S. economy and on optimism steps are being taken toward a U.S.-China trade truce. Data on Friday showed U.S. factory production expanded in December by the most...

AUD/USD Jumps 23 Pips on Better-Than-Expected China Industrial Production Figure

The AUD/USD pair jumped 23 pips to 0.7177 soon before press time, courtesy of a better-than-expected China data. China's industrial production rose to 5.7 percent year-on-year in December, beating the forecast of 5.3 percent by a big margin. The...

POPULAR NEWS
Gold Futures Suffer First Weekly Decline Since Mid-December
Saturday, 19 January 2019 02:09 WIB

Gold futures fell on Friday, suffering from their first weekly decline since mid-December as optimism surrounding the U.S.-China trade dispute...

Gold Holds Drop as Investors Weigh Trade Developments
Friday, 18 January 2019 14:13 WIB

Gold held a decline amid optimism for progress in U.S.-China trade talks that boosted equities in Asia Friday and Treasury yields overnight....

Hong Kong, Shanghai stocks end week with gains
Friday, 18 January 2019 15:49 WIB

Hong Kong stocks finished another healthy week on a positive note Friday as investors cheered a report that the US is considering lifting Chinese...

Gold, Silver Prices Sell Off Amid Keener Risk Appetite
Friday, 18 January 2019 20:44 WIB

Gold and silver prices are lower and headed toward technically bearish weekly low closes in early U.S. trading Friday. Trader and investors are...