The turning of the tide in the land of Australia?
Australia’s Bureau of Statistics released the job vacancies statistics (June, July and August) which showed a positive rebound, but not to the levels needed.
Key data are as below:
- Total job vacancies in August 2020 were 206,000, an increase of 59.4% from May 2020.
- In the private sector vacancies were 184,100 in August 2020, an increase of 65.4% from May 2020.
- In the public sector vacancies were 21,900 in August 2020, an increase of 22.0% from May 2020.
In terms of currencies,
1) AUD/USD recorded a rise from 0.7100 to 0.7174.
2) AUD.NZD recorded a 50-points rise to 1.0850
May the tides turn soon in Australia!
'Australia is a phenomenally beautiful country, and every time I go away and come back, it never ceases to amaze me.' ~ David Wenham
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