ABS Labour Force Figures, released today, unemployment rate decreased to 3.9%.↓

Welcome to the December edition of the MyHorizon News Bulletin. Our overview of the labour market provides the latest unemployment data from across the globe. We also include the Roy Morgan Consumer Confidence report, the ANZ Job Advertisement Series, ABS Job Vacancy data, the Adzuna Job Report and the RBA Monetary Report.

Australia: ABS Labour Force Figures, released today, unemployment rate decreased to 3.9%.↓ The participation rate decreased to 67.0% ↓ Monthly hours worked decreased to 1,965 million hours. ↓

‍ABS unemployment data‍

‍China: Bureau of Labor Statistics, released November 15, the unemployment rate decreased 0.1 points to 5%. ↓

‍China unemployment data‍

‍USA:Bureau of Labor Statistics, released December 6, the unemployment rate increased 0.1 points to 4.2%.↑

‍USA unemployment data‍

‍UK: Bureau of Labor Statistics, released November 12, the unemployment rate increased 0.3 points to 4.3% ↑

‍UK unemployment data‍

‍New Zealand: Statistics New Zealand, released November 5, the unemployment rate increased 0.2 points in the third quarter to 4.8% ↑

‍NZ unemployment data‍

‍Germany: Statistics Germany, released November 29,the unemployment rate remained steady at 6.1% ↔

‍Germany unemployment data‍

‍France: Insee France, released November 13, the unemployment increased 0.1 points in the third quarter to 7.4%↑

‍France unemployment data

Spain: Instituto Nacional de Estadistica, released October 25, the unemployment rate decreased 0.06 points in the third quarter to 11.21% ↓

‍Spain unemployment data‍

‍Monthly Consumer Price Index Indicator: released November 27, the annual movement for the monthly CPI indicator excluding volatile items and holiday travel was 2.4% in October, down from 2.7% in August.↓

‍CPI monthly indicator ‍

‍Roy Morgan Consumer Confidence: released December 10, ANZ-Roy Morgan Consumer Confidence drops 2.9pts to 85.5 after the end of the Friday/Cyber Monday sales period.↓

‍Roy Morgan Consumer Confidence Report

‍‍ANZ-Indeed Australian Job Ads: released December 2, ANZ-Indeed Australian Job Ads fell 1.3% m/m in November, following an upwardly revised 0.7% m/m rise in October. In trend terms, the series was up 0.4% m/m.↓

‍Job Advertisements Series

‍‍Job Vacancy Rates: ABS Labour Force Figures, released September 26, total job vacancies for the August 2024 quarter were 329,900 a decrease of 5.2% from May 2024. ↓

‍ABS Jobs Vacancy Data

‍‍RBA Monetary Report: The RBA quarterly statement on Monetary Policy, released November 1.

‍RBA Quarterly Monetary Report

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