AUSTRALIA: Payback Expected For July’s Weak Employment Outcome, Data Volatile
August jobs print on Thursday and are expected to unwind July's loss of 15.8k rising 20k with the unemployment and participation rates holding steady at 4.5% and 66.9% respectively. The data are volatile and so 3-month averages are needed to gauge the trend. They have signalled a gradual easing in labour market conditi