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AAP
AAP
Business
Poppy Johnston

Mixed jobs data highlights rate balancing act for RBA

The unemployment rate hit 4.1 per cent in June from four per cent in May. (Dean Lewins/AAP PHOTOS)

A mixed read on the jobs market is unlikely to sound alarm bells for the Reserve Bank of Australia, yet if all-important quarterly inflation data disappoints, interest rates could go higher. 

As the unemployment rate ticked higher to 4.1 per cent on Thursday, stronger-than-expected job creation hinted at economic resilience that will keep the focus on price pressures before the next cash rate meeting in August.

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