The Australian labor market data released this morning, Thursday, in the Asian session from the Australian Bureau of Statistics (ABS) showed that the unemployment rate rose to 4.1% in January from 4.0% in December, matching expectations, while the labor force participation rate rose to 67.3%.

In contrast, the economy added about 44,000 jobs in January, up about 0.3% compared to the December reading, which came with an addition of 60,000 jobs.

The revision brings the total jobs at an annual rate to 14,634,300 million jobs, while estimates indicated an addition of about 20,000 jobs.