$A back above 92 US cents on jobs data

The Australian dollar rose after the unemployment rate fell to 6.1 per cent.

Newly minted $2 coins.

The Australian dollar rose after the unemployment rate fell to 6.1 per cent. (AAP)

The Australian dollar rose half a US cent after the release of better than expected jobs figures.

Australia's unemployment rate fell to 6.1 per cent in August, and the number of people with jobs rose by 121,000.

Economists had expected total employment to rise by 10,000 in August, and unemployment to fall to 6.3 per cent.

The Australian dollar was worth 92.08 US cents at 1134 AEST, up from 91.62 US cents just before the data was released at 1130 AEST.


Share

1 min read

Published

Updated


Share this with family and friends


Get SBS News daily and direct to your Inbox

Sign up now for the latest news from Australia and around the world direct to your inbox.

By subscribing, you agree to SBS’s terms of service and privacy policy including receiving email updates from SBS.

Download our apps
SBS News
SBS Audio
SBS On Demand

Listen to our podcasts
An overview of the day's top stories from SBS News
Interviews and feature reports from SBS News
Your daily ten minute finance and business news wrap with SBS Finance Editor Ricardo Gonçalves.
A daily five minute news wrap for English learners and people with disability
Get the latest with our News podcasts on your favourite podcast apps.

Watch on SBS
SBS World News

SBS World News

Take a global view with Australia's most comprehensive world news service
Watch the latest news videos from Australia and across the world