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Australian Employment Report

Written November 11, 2009 at 7:31 PM EST by Alex Chernomordin 

The Australian October Employment Report was released generally better than expected and the AUD broke through the recent highs . The details of the report were as follows:

Employment Change - Survey:-10K    Actual:24.5K    Prior:40.6K

Unemployment Rate - Survey:5.8%    Actual:5.8%    Prior:5.7%

PT Employment Change - Actual:21.5   Prior:5.2

FT Employment Change -Actual:2.9   Prior:35.4

Participation Rate - Survey:65.2%   Actual:65.2%   Prior:65.2%

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