Australian jobs market report coming up Thursday 19 May 2022 – growth in jobs expected

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The report is due at 0130GMT.

snapshot (below) is from the ForexLive economic data calendar,
it here

  • The
    numbers in the right-most column are the ‘prior’ (previous month)
  • The
    number in the column next to that, where is a number, is the
    consensus median expected.
Australia jobs 19 May 2022

Westpac are looking for a below-consensus headline result:

  • Given that weekly payrolls suggest weather and holiday events dampened jobs growth in April, Westpac anticipates employment to lift by 20k for the month.
  • The participation rate holding flat at 66.4% should see unemployment rate move downwards (Westpac f/c: 3.9%).