ABS Labour Force Figures, released today, unemployment rate decreased 0.3 points to 4.6%.

Welcome to the August edition of the MyHorizon News Bulletin.

Welcome to the August 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 decreased 0.3 points to 4.6%. The participation rate decreased to 66%. Monthly hours worked decreased by 3 million hours to 1,778 million hours. ↓
ABS unemployment data

USA: Bureau of Labor Statistics, released August 6, the unemployment rate decreased 0.5 point to 5.4% ↓
USA unemployment data

UK: Bureau of Labor Statistics, released August 17, the unemployment rate decreased 0.1 points to 4.7% ↓
UK unemployment data

New Zealand: Statistics New Zealand, released August 3, unemployment rate decreased 0.7 points in the second quarter to 4% ↓
NZ unemployment data

Germany: Destatis Germany, released July 29, unemployment rate decreased 0.2 points to 5.7% ↓
Germany unemployment data

France: Insee France, released August 13, unemployment rate decreased 0.1 point in the second quarter to 8% ↓
France unemployment data

Spain: Instituto Nacional de Estadistica, released July 29, unemployment rate decreased 0.72 points in the second quarter to 15.26% ↓
Spain unemployment data

Roy Morgan Consumer Confidence ANZ, Indonesia and China: The latest Roy Morgan consumer confidence in four Asian countries.
Roy Morgan Consumer Confidence Report

Job Advertisements Series, released August 2, Job Ads declined 0.5% m/m in July, the first fall in 14 months, but it is still up 35% on the pre pandemic level.  This reinforces our expectation that the impact of NSW's lockdown on employment and the unemployment rate will be limited, noting downside risks rise the longer the lockdown continues.
Job Advertisements Series

Job Vacancy Rates: ABS Labour Force Figures, released July 1, total job vacancies for the May 2021 quarter were 362,500, an increase of 23.4% from February 2021 ↑
ABS Job Vacancy data

DEEWR Report: Department of Employment Monthly Leading Indicator of Employment, released August 18.
Department of Employment Monthly Leading Indicator of Employment

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