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Australia adds 14K jobs in July vs. consensus 10K. The unemployment rate drops to 5.2% vs....
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Wednesday, August 8, 2012, 9:47 PM ETAustralia adds 14K jobs in July vs. consensus 10K. The unemployment rate drops to 5.2% vs. consensus 5.3%. The aussie quickly tacks on 25 pips, now at a 5-month high vs. the greenback and buying $1.0589.
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This news story has 3 comments:
- "Aggregate hours worked in July 2012 were 0.2 per cent lower than in July 2011".
-"The July participation rate was 65.2 per cent, compared with 65.3 per cent in June." [Here we go again.]
This report looks totally blah. Not specifically bad, but not specifically good, either. No recession indicated, likewise no growth. Flatliner.