AUDUSD Intra-Day Fundamentals - Australia Employment Change and 72 pips price movement

• past data is 42.3K
• forecast data is 5.0K
• actual data is -12.2K according to the latest press release

if actual > forecast (or previous data) = good for currency (for AUD in our case)

[AUD - Employment Change] = Change in the number of employed people during the previous month. Job creation is an important leading indicator of consumer spending, which accounts for a majority of overall economic activity.

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JANUARY KEY POINTS

TREND ESTIMATES (MONTHLY CHANGE)

• Employment increased to 11,666,000.
• Unemployment increased to 782,300.
• Unemployment rate remained steady at 6.3% from a revised December 2014 estimate.
• Participation rate remained steady at 64.7%.
• Aggregate monthly hours worked increased 0.7 million hours to 1,604.4 million hours.

• Employment decreased 12,200 to 11,668,700. Full-time employment decreased 28,100 to 8,078,000 and part-time employment increased 15,900 to 3,590,700.
• Unemployment increased 34,500 to 795,200. The number of unemployed persons looking for full-time work increased 200 to 551,800 and the number of unemployed persons only looking for part-time work increased 34,300 to 243,400.
• Unemployment rate increased 0.3 pts to 6.4%.
• Participation rate remained steady at 64.8%.
• Aggregate monthly hours worked increased 8.2 million hours (0.5%) to 1 ,607.6 million hours.

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