Welcome to the December edition of the MyHorizon News Bulletin.
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 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 increased 0.1 points to 3.5%.↑ The participation rate increased to 66.7%.↑ Monthly hours worked increased to 1,890 million hours.↑
China: Bureau of Labor Statistics, released December 15, the unemployment rate remained steady at 5.5%. ↔
China unemployment data
USA: Bureau of Labor Statistics, released December 2, the unemployment rate remained steady at 3.7%. ↔
USA unemployment data
UK: Bureau of Labor Statistics, released December 13, the unemployment rate increased 0.1 point to 3.7%. ↑
UK unemployment data
New Zealand: Statistics New Zealand, released November 1, the unemployment rate remained steady in the third quarter at 3.3%. ↔
NZ unemployment data
Germany: Statistics Germany, released November 30, unemployment rate increased 0.1 point to 5.6%. ↑
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
Roy Morgan Consumer Confidence ANZ-Roy Morgan Consumer Confidence virtually unchanged at 82.9 despite eighth straight interest rate increase.
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 December 14.
Department of Employment Monthly Leading Indicator of Employment