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Aussie jobs were weak – Scotiabank

By FXStreet Analysts at Scotiabank noted that Australian jobs numbers were weak in April.

Key Quotes:

“While a headline jobs gain of +10.8k and stable unemployment rate of 5.7% seems fine, the gain was focused in part time jobs for the second straight month, full time jobs actually contracted (also for the second consecutive month), and the participation rate ticked down. “
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Source:: FX Street

      

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