Welcome to the March edition of the MyHorizon News Bulletin.
Australia: ABS Labour Force Figures, released today, unemployment rate remained steady at 4.1% ↔ The participation rate decreased to 66.8% ↓ Monthly hours worked decreased to 1,973 million hours. ↓
China: Bureau of Labor Statistics, released March 17, the unemployment rate increase 0.2 points to 5.4%.↑
USA: Bureau of Labor Statistics, released March 7, the unemployment rate increased 0.1 points to 4.1%. ↑
UK: Bureau of Labor Statistics, released February 18, the unemployment rate remained steady at 4.4%. ↔
New Zealand: Statistics New Zealand, released February 4, the unemployment rate increased0.3 points in the fourth quarter to 5.1%. ↑
Germany: Statistics Germany, released February 28,the unemployment rate remained steady at 6.2%.↔
France: Insee France, released February 11, the unemployment decreased 0.1 points in the fourth quarter to 7.3%. ↓
Spain: Instituto Nacional de Estadistica, released January 28, the unemployment rate decreased 0.6 points in the fourth quarter to 10.61% ↓
Monthly Consumer Price Index Indicator: released February 26, the annual movement for the monthly CPI indicator excluding volatile items and holiday travel was 2.9% in January following a 2.7% rise in December.↑
Roy Morgan Consumer Confidence: released March 18, ANZ-Roy Morgan Consumer Confidence drops 3.1pts to 83.8 this week following the devastating Cyclone Alfred which hit coastal regions of South-Eastern Queensland and Northern New South Wales late in the previous week. ↓
Roy Morgan Consumer Confidence Report
ANZ-Indeed Australian Job Ads: released March 3, ANZ-Indeed Australian Job Ads declined 1.4% m/m in February, but this follows an upwardly revised 1.3% m/m rise in January. In trend terms, the series was down 0.3% m/m.↓
Job Vacancy Rates: ABS Labour Force Figures, released January 8, total job vacancies for the November 2024 quarter were 344,000 an increase of 4.2% from August 2024. ↑
RBA Monetary Report: The RBA quarterly statement on Monetary Policy, released February 18.