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Unemployment steady as Australia adds most jobs in almost 13 years

AFP
March 15, 2013, 1:03 pm TWN

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SYDNEY -- Australian monthly jobs growth hit a near 13-year high in February, an “extraordinary” result that helped keep the unemployment rate steady and eased pressure on the central bank to cut rates.

The Australian Bureau of Statistics said 71,500 jobs were created last month, smashing forecasts for a rise of 10,000 and the biggest jump since July 2000.

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