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ABS: Australian labor market rebound 'remarkable'

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ABS: Australian labor market rebound “remarkable” Australia Employment EconomicIndicator AUDUSD

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'The participation rate is now 0.6pps higher than at the start the pandemic for all persons, and 1.2pps higher for women.” 'The remarkable thing through the pandemic is how quickly the labor market has rebounded and restrictions and we are still seeing that."AUD/USD is consolidating post-Australian employment data-led gains above 0.7300. The pair is trading at 0.7311, up 0.31% on the day, as of writing.

 

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