Australia: Mixed jobs report for August - TDS

Research Team at TDS, suggests that it was a mixed Australian jobs report for August.

Key Quotes

“The unemployment rate hit a low last seen in 2013 at 5.6% and full time jobs rose,  but the headline of -3.9k, missed the market’s +15k forecast, adding to the weaker employment growth trend. Overall a tad weak, but little monetary policy read through from today’s report.”