14-05-2020, 08:58 AM
Quote:Ok then, while you're still feeling placid maybe post an unangry note in your diary Aloy... 14-5-2020 11.30am
Â
That's when the next unemployment figure is reported. If ScoMo can start to unwind restrictions just prior to that date and thus stabilise the share market I'll give him all the credit he deserves.
Well the day has arrived
After 11:30 today we'll see the unemployment figure, participation rate and employment change.
Â
We've already seen some restriction unwinding but the real test will be the stats.
Â
If the unemployment rate is less than 8.3% the market might jump.
Â
Participation rate is expected to be around 65%
Â
and employment change is expected to be negative 575 thousand