ABS Labour Force Figures, released today, unemployment rate decreased to 3.4%.

Welcome to the November edition of the  MyHorizon News Bulletin. 
Our overview of the labour market provides the latest unemployment data from across the globe. We are now including China in our global numbers. We also include the Roy Morgan Consumer Confidence report, the ANZ Job Advertisement Series, ABS Job  Vacancy data and the DEEWR report.
 

‍Australia: ABS Labour Force Figures, released today, unemployment rate decreased to 3.4%. The participation rate remained at 66.6%. Monthly hours worked decreased to 1,864 million hours. ↓
ABS unemployment data

‍China: Bureau of Labor Statistics, released November 15, the unemployment rate remained steady at 5.5%. ↔
China unemployment data
 
USA: Bureau of Labor Statistics, released November 4, the unemployment rate increased 0.2 points to 3.7%. ↑
USA unemployment data
 
UK: Bureau of Labor Statistics, released November 15, the unemployment rate increased 0.1 point to 3.6%. ↑
UK unemployment data
 
New Zealand: Statistics New Zealand, released August 2, the unemployment rate increased 0.1 points in the second quarter to 3.3%. ↑
NZ unemployment data
 
Germany: Destatis Germany, released September 30, unemployment rate remained steady at 5.5%. ↔
Germany unemployment data

France: Insee France, released November 15, the unemployment rate decreased 0.1 points in the third quarter to 7.3%. ↓
France unemployment data
       
Spain: Instituto Nacional de Estadistica, released October 27, unemployment rate increased to 0.19 points in the third quarter to 12.67%. ↑
Spain unemployment data 

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Roy Morgan Consumer Confidence ANZ-Roy Morgan Consumer Confidence up 2.1 points to 80.8 – the weekly increase halts a run of six straight declines.

Roy Morgan Consumer Confidence Report
           

‍Job Advertisements Series, released October 4, Job Ads declined by 0.5 per cent m/m in September, following a small downward revision of the August result. But this is only 0.8 per cent below the recent peak in June. This suggests tightness in the labour market is not yet letting up, which is consistent with other indicators.

‍Job Advertisements Series

Job Vacancy Rates: ABS Labour Force Figures, released September 29, total job vacancies for the August 2022 quarter were 470,900, a decrease of 2.1% from May 2022. ↓

‍ABS Job Vacancy data
           
DEEWR Report: Department of Employment Monthly Leading Indicator of Employment, released November 16.
Department of Employment Monthly Leading Indicator of Employment

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