The Australian labor market data issued this morning, Thursday, in the Asian session by the Australian Bureau of Statistics, showed that unemployment rates remained stable at 4% in March, compared to expectations that it would decline to 3.9%, coinciding with the stability of the labor market participation rate at 66.4%.

On the other hand, the economy added about 17.900 thousand jobs in March, an increase of about 0.1% compared to the February reading, which came with the addition of 77.4 thousand jobs, bringing the total jobs at an annual rate to 13.389.900 million jobs, while it was estimated that about 30 thousand jobs were added.

The Australian dollar is trading at 0.7460 levels against the US dollar before the opening of the European markets.