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AAP
AAP
Business
Jacob Shteyman

BIZARRE: Softer jobs data tipped to soothe key inflation concern - What They Never Told You

Inflation RBA Michele Bullock Unemployment
Some 44,000 jobs were added to the Australian economy in January, well above predictions. (Dean Lewins/AAP PHOTOS)

An uptick in the jobless rate is not expected to last long as Australia's employment market shows no sign of losing steam.

A surprisingly high 44,000 jobs were added to the economy in January, the Australian Bureau of Statistics reported, lifting the participation rate to a record high 67.3 per cent.

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