ABS Labour Force Figures, released today, unemployment rate remained steady at 3.5%.↔

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 and the DEEWR report.

‍
 
Australia: ABS Labour Force Figures, released today, unemployment rate remained steady at3.5%.↔ The participation rate remained steady at 66.7%.↔ Monthly hours worked decreased at 1,888 million hours.↓

‍ABS unemployment data

‍China: Bureau of Labor Statistics, released January 17, the unemployment rate decreased to 5.5%.↓
China unemployment data
 ‍

USA: Bureau of Labor Statistics, released January 17, the unemployment rate decreased 0.2 points to 5.5%.↓
USA unemployment data
 
UK: Bureau of Labor Statistics, released January 6, the unemployment rate decreased 0.2 points to 3.5%.↓
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 January 3,unemployment rate decreased 0.1 points to 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 

Roy Morgan Consumer Confidence ANZ-Roy Morgan Consumer Confidence jumped by 4.9pts to 87.4 this week to reach its highest for over three months since late September 2022 (87.8).
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 January11, total job vacancies for the November 2022 quarter were 444,200, a decrease of 4.9% from August 2022.↓
ABS Job Vacancy data
     

‍DEEWR Report: Department of Employment Monthly Leading Indicator of Employment, released January 13.
Department of Employment Monthly Leading Indicator of Employment

‍