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AAP

Business

Jacob Shteyman

Mixed jobs data gives RBA more food for thought

Australian Bureau of Statistics Westpac

Australia's jobless rate rose again, according to the latest ABS labour report. (Bianca De Marchi/AAP PHOTOS)

A mixed labour market report will keep the Reserve Bank in two minds about cutting rates, with unexpectedly strong growth in people seeking work counteracting an uptick in unemployment.

The jobless rate edged up 0.1 percentage point for the second month in a row to 4.2 per cent in July, broadly in line with consensus forecasts.

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