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<p>Coming up from Australia tomorrow is the January jobs report from the Australian Bureau of Statistics. </p><ul><li>due at 11.30 am local time</li><li>0030 GMT 7.30 pm US Eastern time </li></ul><ul><li>
This
snapshot from the ForexLive economic data calendar, <a href="https://www.forexlive.com/EconomicCalendar">access
it here</a>.</li><li>
The
times in the left-most column are GMT. </li><li>
The
numbers in the right-most column are the 'prior' (previous
month/quarter as the case may be) result. The number in the column
next to that, where there is a number, is the consensus median
expected.</li></ul><p>Snippet from Westpac's preview:</p><ul><li>
We suspect that illness-related absences and a 'catch-up' in summer leave will result in an employment print slightly below trend, as opposed to another outright decline.</li><li>The unemployment rate is just 0.1ppts off the 50-year low print of 3.4% in October, signalling a still historically tight labour market. </li><li>Holding participation at 66.6% and the rate of growth in the working age population steady, this should see a 20k increase in the labour force in December. Our forecast 15k gain in employment is enough to hold the unemployment rate at 3.5%</li></ul>

                This article was written by Eamonn Sheridan at www.forexlive.com.