ABS LABOUR FORCE FIGURES, RELEASED TODAY, UNEMPLOYMENT RATE INCREASED 0.4 POINTS TO 7.4%

Welcome to the July 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 0.4 points to 7.4%, based on unrounded estimates. The participation rate increased 1.3 points to 64.0%, based on unrounded estimates. Monthly hours worked increased 64.3 million hours to 1,664.7 million hours. ↑
ABS unemployment data

USA: Bureau of Labor Statistics, released July 2, the unemployment rate decreased 2.2 points to 11.1% ↓
USA unemployment data

UK: Bureau of Labor Statistics, released June 16, the unemployment rate in April  held steady at 3.9% ↔
UK unemployment data

New Zealand: Statistics New Zealand, released May 5, unemployment increased 0.2 points in the first quarter of 2020 to 4.2% ↑
NZ unemployment data

Germany: Destatis Germany, released July 1, unemployment rate increased 0.1 points to 6.4% ↑
Germany unemployment data

France: Insee France, released May 14, unemployment decreased 0.3 points in the first quarter of 2020 to 7.8% ↓
France unemployment data

Spain: Instituto Nacional de Estadistica, released April 28, unemployment rate increased 0.61 points in the first quarter to 14.41 % ↑
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 July 6, Job Ads rose by a record 42.0% m/m in June but remain down 44.6% 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 July 15.
Department of Employment, Monthly Leading Indicator of Employment