Read full post at forexlive.com
The report is due at 0130GMT.
snapshot (below) is from the ForexLive economic data calendar, access
numbers in the right-most column are the ‘prior’ (previous month)
number in the column next to that, where is a number, is the
consensus median expected.
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%).