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Economics

Jobs data surprises on the upside, rate hike on the cards

Employment jumped by a substantial 76,300 jobs in June, above the market consensus of 15,000 jobs creation, according to the Australian Bureau of Statistics (ABS).

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Read more: EmploymentAustralian Bureau of StatisticsPaul BloxhamCameron McCormackReserve Bank of AustraliaVanEck