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Australia jobs up, jobless rate steady in March

Published Thu, Apr 13, 2017 · 09:50 PM

Sydney

AUSTRALIA'S jobless rate steadied at 5.9 per cent in March as employment surged the most in 11/2 years, a relief for the country's central bank which had been worried about recent labour market softness.

The Australian dollar hopped up 20 ticks to US$0.7563 on the data, extending an overnight bounce that followed President Donald Trump complaining about the US currency being too strong.

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