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AAP
AAP
Business
Jacob Shteyman

Jobless jump turns down heat on RBA, but not completely

An uptick in the jobless numbers may have given the RBA time to pause from hiking interest rates. (Susie Dodds/AAP PHOTOS)

Australia's jobs market is continuing to soften, taking pressure off the Reserve Bank to raise interest rates again.

But questions around the Australian Bureau of Statistics' labour force figures and stubborn inflation mean another hike remains firmly on the table.

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