The figures are largely in line with expectations, and there's no "smoking gun" for the Reserve Bank.
About 47,000 new jobs were created in August, according to the latest figures from the Australian Bureau of Statistics, as the labour market remains at historically tight levels despite the relatively weak economy.
"This really doesn't represent a massive change for the Reserve Bank, 4.2 per cent remains Australia's unemployment rate," 9News Finance Editor Chris Kohler said."If we had seen an increase in the unemployment rate, let's say to 4.3 per cent, which is what CBA economists were expecting, then that might have pulled forward that expectation for an interest rate cut perhaps into this year.
She signalled the RBA would be unlikely to follow the Fed's decisions, instead earmarking a potential rise in the Australian dollar on the back of a higher American cash rate.
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