Australia – Feb leading indicator of employment
14/02/2018 01:47 pm MYT
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The revised monthly leading indicator of employment improved for the sixth consecutive month in Feb. This was mainly attributable to a stronger performance in the Westpac-Melbourne Institute Consumer Sentiment Index and the Leading Index of Economic Activity.

On the other hand, the cyclical employment index rose for the twelfth consecutive month. As the leading indicator leads cyclical employment by roughly one year, the growth rate of employment is likely to moderate in the coming months – see figure 1.

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Note from Publisher
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