Australia Feb 2025 unemployment rate 4.1% (vs. 4.1% expected) & Employment Change -52.8K

Australian dollar marked lower on the jobs drop:

Employment Change -52.8K … very ugly

• expected +30K, prior +44K

Full-Time Employment -35.7K

• prior +54.1K

Part-Time Employment -17.1K

• prior-10.1K

Unemployment Rate 4.1%

• expected 4.1%, prior 4.1%

Participation Rate 66.8%

• expected 67.3%, prior 67.3%

more to come

This article was written by Eamonn Sheridan at www.forexlive.com.