ABS LABOUR FORCE FIGURES, RELEASED TODAY, UNEMPLOYMENT RATE INCREASED 0.1 POINTS TO 7.5%

Welcome to the August 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 and the DEEWR report.

Australia: ABS Labour Force Figures, released today, unemployment rate increased 0.1 points to 7.5%, based on unrounded estimates. The participation rate increased 0.6 points to 64.7%, based on unrounded estimates. Monthly hours worked increased 21.7 million hours to 1,681.3 million hours. ↑
ABS unemployment data

USA: Bureau of Labor Statistics, released August 7, the unemployment rate decreased 0.9 points to 10.2% ↓
USA unemployment data

UK: Bureau of Labor Statistics, released August 11, the unemployment rate in June held steady at 3.9% ↔
UK unemployment data

New Zealand: Statistics New Zealand, released August 8, unemployment decreased 0.2 points in the second quarter to 4.0% ↓
NZ unemployment data

Germany: Destatis Germany, released July 30, unemployment rate held steady at 6.4%  ↔
Germany unemployment data

France: Insee France, released May 14, unemployment decreased 0.3 points in the first quarter to 7.8% ↓
France unemployment data

Spain: Instituto Nacional de Estadistica, released July 28, unemployment rate increased 0.92 points in the second quarter to 15.33% ↑
Spain unemployment data

Roy Morgan Consumer Confidence ANZ, Indonesia and China: The latest Roy Morgan consumer confidence in four Asian countries.
Roy Morgan Consumer Confidence ANZ, Indonesia and China

Job Advertisements Series, released August 3, Job Ads rose 16.7% m/m in July, following the 41.4% increase in June. Job ads are still down 30% since February and down 34% y/y ↑
Job Advertisements Series

Job Vacancy Rates: ABS Labour Force Figures, released June 25, total job vacancies in May 2020 were 129,100, a decrease of 43.2% from February 2020 ↓
ABS Job Vacancy data

Department of Employment Monthly Leading Indicator of Employment, released August 11.
Department of Employment, Monthly Leading Indicator of Employment