My Dad Always Wanted to Move to Australia

Looks like maybe he made a mistake by not going:

The number of people employed climbed 27,300 from March, the statistics bureau said in Sydney today. The median estimate of 19 economists surveyed by Bloomberg was for a decline of 25,000. The jobless rate fell to 5.4 percent from 5.7 percent  Australian employers unexpectedly added workers in April and the jobless rate fell, supporting central bank Governor Glenn Stevens’ view that the nation’s economy will skirt the worst of the global recession..

The AUD is up big tonight on the news and my bet is the Big Bob Rally® will be in full force tomorrow, stress test be damned.


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