7 May 2015
Australian jobs expected to increase at a more modest pace - Capital Economics
FXStreet (Bali) - Adam Collins, Economist at Capital Economics, expects that today´s employment figures in Australia increased at a more modest pace for the month of April.
Key Quotes
"After rising rapidly in February and March, we think that employment in Australia (02.30 BST) increased at a more modest pace in April."
"While job vacancies and advertisements remain relatively high, the latest survey evidence suggests that the near 40,000 increases in employment seen in February and March are unlikely to have been repeated in April."
"We forecast an increase of 15,000 in April, but a smaller rise or outright fall is possible."
"If we are right in estimating that the labour force increased by around 20,000, the unemployment rate may have risen back to 6.2%."
Key Quotes
"After rising rapidly in February and March, we think that employment in Australia (02.30 BST) increased at a more modest pace in April."
"While job vacancies and advertisements remain relatively high, the latest survey evidence suggests that the near 40,000 increases in employment seen in February and March are unlikely to have been repeated in April."
"We forecast an increase of 15,000 in April, but a smaller rise or outright fall is possible."
"If we are right in estimating that the labour force increased by around 20,000, the unemployment rate may have risen back to 6.2%."