The Australian dollar rose after the release of better than expected employment data. Source: AAP
THE Australian dollar rose almost half of a US cent after the release of better than expected jobs figures.
Australia's unemployment rate was steady at 6.0 per cent in January, but the number of people with jobs jumped more than 47,000 in the month.
Economists had expected total employment to rise by 10,000 in February, and an unemployment rate of 6.0 per cent.
The Australia dollar was worth 90.64 US cents at 1134 AEDT, up from 90.17 cents just before the data was released.
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