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14 Mar 2013
Curious facts about the eye-popping Aus jobs
After the supper strong Australian jobs number, a few market commentators have some interesting post data facts that helps to understand the current 'astonishment' after the jobs publication.
- David Scutt David, Treasury Dealer at Arab Bank Australia, comments on his Twitter account, "the increase in employment was the most since July 2000, right before the start of the Sydney Olympics."
- Matt Cowgill, Economics member at the Australian Council of Trade Unions, is more moderate, and notes, "since the global financial crisis, part time work has grown 13.3%, full time work is up 4..."
- Shane Oliver, Head of Investment Strategy and Chief Economist at AMP Capital, said on his Twitter accoun, "too strong to be believable especially given soft trends in job vacancies & hiring surveys..."
- John noonan, Foreign Exchange analyst, journalist for Thomson Reuters, Sydney, says: "OIS indicates RBA easing cycle over. Pricing in just 8 BPS of cust in next 12 months..."
- David Scutt David, Treasury Dealer at Arab Bank Australia, comments on his Twitter account, "the increase in employment was the most since July 2000, right before the start of the Sydney Olympics."
- Matt Cowgill, Economics member at the Australian Council of Trade Unions, is more moderate, and notes, "since the global financial crisis, part time work has grown 13.3%, full time work is up 4..."
- Shane Oliver, Head of Investment Strategy and Chief Economist at AMP Capital, said on his Twitter accoun, "too strong to be believable especially given soft trends in job vacancies & hiring surveys..."
- John noonan, Foreign Exchange analyst, journalist for Thomson Reuters, Sydney, says: "OIS indicates RBA easing cycle over. Pricing in just 8 BPS of cust in next 12 months..."