Part Time Employment Chg measures the change in the number of persons employed part time in Australia compared with the previous month. Part-time employees are those who usually work less than 35 hours a week across all jobs. This indicator can provide insight into labor market dynamics and overall economic activity, reflecting shifts in employment patterns.
A higher than expected figure should be seen as positive (bullish) for the AUD while a lower than expected figure should be seen as negative (bearish) for the AUD.