Employment data confounds predictions

14 January 2016

 

After a “jumbo” October employment result and an even bigger jump in November – both of which were met with slight scepticism in the market – analysts were generally expecting some sort of statistical reversal for the December employment figures.  ANZ said prior to the release “we are due a softer print and expect employment to have remained broadly unchanged in the month” while Westpac said, “Actual jobs are running...

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