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Australian February employment falls 15.4K vs. expectations for a gain of 5K. The unemployment...

Australian February employment falls 15.4K vs. expectations for a gain of 5K. The unemployment rate edges up to 5.2% from 5.1%. Only yesterday, the RBA left rates unchanged, but said a persistent rise in unemployment would merit a cut. The aussie slides on the news, -0.4% at $1.0542. Shares in Sydney +0.5%.
Comments (1)
  • 1980XLS-2.0
    , contributor
    Comments (525) | Send Message
     
    It appears unlike us, they don't have Obama fudging the numbers for them.
    7 Mar 2012, 08:54 PM Reply Like
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