Following Wednesday’s weaker-than-expected wage growth data, the Australian Bureau of Statistics (ABS) released its July labour force survey on Thursday, which reported rising unemployment. The nation’s unemployment rate rose 0.1% to 4.5% after 15,800 jobs were lost. However, full-time employment rose by 16,300, more than offset by a 32,200 decrease in part-time jobs. The number The post Job…
TOKYO: Oil prices steadied in early trade on Thursday as investors assessed the outlook for the US-Iran war and the security of shipping through the Strait of Hormuz.
The AUD/JPY cross attracts some sellers following the release of a dismal Australian jobs report, though it lacks follow-through and holds above the weekly low touched the previous day.
