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Australian jobs report due Thursday 19th May 2022 – job growth expected


The report is expected at 01:30 GMT.

This snapshot (below) is from the ForexLive Economic Data Calendar, access it here.

  • The numbers in the rightmost column are the “previous” result (previous month).
  • The number in the column next to that, where is a number, is the expected consensus median.

Westpac is looking for an overall result below the consensus:

  • Given that weekly payrolls suggest weather and holidays dampened job growth in April, Westpac projects employment will rise by 20,000 for the month.
  • Maintaining the participation rate at 66.4% should lead to a drop in the unemployment rate (Westpac f/c: 3.9%).

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