Australian Employment - prenews spike then harsh reversal

Thursday, November 11, 2010 00:30:21

*(AU) AUSTRALIA OCT UNEMPLOYMENT RATE: 5.4% V 5.0%E (matches 10-month high); EMPLOYMENT CHANGE: 29.7K V 20.0KE (3-month low);
- Full Time Employment Change: -14.1K v 55.8K prior
- Part Time Employment Change: 43.8K v -6.3K prior
- PARTICIPATION RATE: 65.9% V 65.6%E

- Prior Employment change revised higher to 49.6K from 49.5K
- Prior Full Time Employment change revised higher to 59.4K from 55.8K
- Prior Part Time Employment Change revised lower to -9.8K from -6.3K