Westpac–ACCI labour market composite points moderate job growth
The Westpac-ACCI Labour Market Composite index moved higher in the March quarter, increasing to 51.8 from 50.1 in the previous quarter. The latest result is unchanged from a year ago.The Labour Market Composite has prove…
The Westpac-ACCI Labour Market Composite index moved higher in the March quarter, increasing to 51.8 from 50.1 in the previous quarter. The latest result is unchanged from a year ago.
The Labour Market Composite has proven itself to be a reliable indicator of total jobs growth across the economy. This highlights the key linkages between manufacturing and the household sector.
Westpac notes as follows on Thursday..
In 2014, official data reports that jobs grew by 1.3% in the year to the December quarter 2014, up from a low of 0.7% at the start of the year. This path tracks the Composite.
The survey points to moderate jobs growth during 2015, albeit with the risk of
Gold prices edged lower on Monday as stronger-than-expected U.S. nonfarm payrolls data dampened hopes for aggressive Federal Reserve rate cuts, bolstering the dollar. Spot gold slipped 0.1% to $2,686.32 an ounce, while F…
On-chain data shows BTC whales moved 10000 BTC from Crypto exchanges. This indicate accumulation of BTC by whales. Japanese public company Metaplanet buys another 1 billion yen worth of Bitcoin. According to Santiment, t…
Personal income increased by 0.2% month over month In August, which was less than the 0.4% market forecast and less than the 0.3% growth in July. For the third consecutive month, real personal disposable income increased…
