Australian labour market deteriorates – employment growth negative, participation down, unemployment rising

Created
Thu, 18/05/2023 - 12:33
Updated
Thu, 18/05/2023 - 12:33
Yesterday we had the wages data. Today the Australian Bureau of Statistics (ABS) released of the latest labour force data (May 18, 2023) – Labour Force, Australia – for April 2023. The April result is the second consecutive month that the data is weaker. Employment fell by 4.3 thousand, participation fell by 0.1 point, and…