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AAP
AAP
Business
Poppy Johnston

Strong labour force report dims rate cut prospects

Jim Chalmers Economy SEEK
More jobs than expected were added in September as the unemployment rate remained at 4.1 per cent. (Bianca De Marchi/AAP PHOTOS)

Undeniable strength in the Australian labour market has dampened hopes of an interest rate cut before the end of this year.

Above-expectations job creation, an unemployment rate that's tracking sideways and record-high workforce participation all point to a labour market that's proving resistant to sluggish economic conditions.

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