The first rise in the jobless rate in 10 months has complicated the outlook for the Reserve Bank, as the central bank balances a desire to ease the pace of tightening to avoid inflicting a hard landing against global forces pushing rates higher.

Markets are pricing a 50 per cent chance the RBA will raise rates by another half a percentage point at its next board meeting on October 4, which was down only slightly from 56 per cent on Wednesday.