Reuters News First

Reuters first on Australian jobs data, unemployment rate

Reuters led by 2 seconds or more with closely watched Australian jobs data on October 18. The data sent sharply mixed signals to the market, as net employment growth fell short of expectations but the unemployment rate defied forecasts with a drop to its lowest since 2012.

Market reaction:

The Australian dollar rose to 0.7130 after the report, although the overall reaction was muted due to the mixed result.