Australia: Employment growth is likely to have remained solid in April - ANZ

Analysts at ANZ offer their take on Thursday’s Australian labor market report due to be published at 0130 GMT.

Key Quotes:

“While ANZ Jobs Ads growth has slowed in the last three months, ongoing record business conditions, alongside strong profitability and hiring intentions, suggest that employment growth is likely to have remained solid in April. We look for a rise of 20K and an unchanged unemployment rate of 5.5%.”