` Stephen Koukoulas - Jobs Data - Share Cafe
LOGIN JOIN SHARECAFE SIGN UP FOR OUR NEWSLETTER ADVERTISE
share cafe logo  
 
SHARECAFE COMMENTARY

Stephen Koukoulas - Jobs Data
BY STEPHEN KOUKOULAS - 10/04/2017 | VIEW MORE ARTICLES BY ALAN KOHLER

Speaking of a muddling economy, next week sees the release of the all-important monthly labour force data. While the monthly numbers on employment are notoriously volatile, they will be a vital update on the lay of the economic land. With the economy yet to get sustained traction towards stronger growth, the readings for full time and part time jobs plus unemployment will be vital to judgments of just how strong (weak) the economy really is.

Last month, there was a small fall in employment and the unemployment rate ticked up to a 12 month high of 5.9 per cent, while underemployment (people in work, but who want to work more hours) reached a record high. As the RBA noted this week, “the labour market has softened recently” which is presenting risks not only to the overall position of the economy, but also to the increasingly fragile housing market where debt serviceability is extremely vulnerable to higher unemployment.



View More Articles By Alan Kolher

The Constant Investor is the new home of Alan Kohler, founder of Eureka Report and the ABC's finance presenter. Join to receive - Kohler's Weekly Overview, exclusive stock tips, investment ideas, podcasts and much more. Click here to learn more.



 

RECENTLY ADDED TO SHARECAFE


 › Marcus Today End Of Day Report
 › Monday At The Close
 › Australian Listed Real Estate Tables
 › Market At Midday On Monday
 › Why Bitcoin Is Uninvestable
 › First Home Buyers Hit Five-Year High
 › CBA - Citi rates the stock as Downgrade to Sell
 › SYD - Morgans rates the stock as Upgrade to Add
 › WPL - UBS rates the stock as Buy
 › Stephen Koukoulas - European Central Bank
 › Metals End Week Mixed
 › Quintis Tumbles Into Administration
 › US Oil Output Still On The Rise
 › Diary: US Shutdown, Davos Forum, BoJ, ECB
More ShareCafe   

GET THE SHARECAFE BREAKFAST BRIEFING


Delivered free to your inbox before the market opens each trading day. Sign up below +

SHARECAFE VIDEO


View More Videos