Welcome to the July edition of the MyHorizon News Bulletin.
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 remained steady at 3.5%. ↔ The participation rate increased 0.1 points to 66.8%. ↑ Monthly hours worked increased to 1,947 million hours. ↑
ABS unemployment data
China: Bureau of Labor Statistics, released July 17, the unemployment rate remained steady at 5.2%. ↔
China unemployment data
USA: Bureau of Labor Statistics, released July 7, the unemployment rate decreased 0.1 points to 3.6%. ↓
USA unemployment data
UK: Bureau of Labor Statistics, released July 11, the unemployment rate increased 0.2 points to 4.0%. ↑
UK unemployment data
New Zealand: Statistics New Zealand, released May 2, the unemployment rate remained steady in the first quarter at 3.4%. ↔
NZ unemployment data
Germany: Statistics Germany, released June 30, the unemployment rate increased 0.1 points to 5.7%. ↑
Germany unemployment data
France: Insee France, released May 17, the unemployment rate decreased 0.1 points in the first quarter to 7.1%. ↓
France unemployment data
Spain: Instituto Nacional de Estadistica, released April 27, unemployment rate increased to 0.39 points in the first quarter to 13.26%. ↑
Spain unemployment data
Roy Morgan Consumer Confidence: released July 18, ANZ-Roy Morgan Consumer Confidence down 0.7pts to 72.6 – third straight week of declines.
Roy Morgan Consumer Confidence Report
Job Advertisements Series released July 3, ANZ-Indeed Australian Job Ads fell by 2.5% m/m in June following a downward revision in May to 0.0% m/m from +0.1% m/m. In trend terms, the series declined 1.1% m/m in June. ANZ-Indeed Australian Job Ads have fallen 10.8% from the September peak but remain elevated compared to historical levels.
Job Advertisements Series
Job Vacancy Rates: ABS Labour Force Figures, released June 29, total job vacancies for the May 2023 quarter were 431,600, a decrease of 2.0% from February 2023.↓
ABS Jobs Vacancy Data
DEEWR Report: Department of Employment Monthly Leading Indicator of Employment, released July 19.
Department of Employment Monthly Leading Indicator of Employment