Employment dips but jobless rate steady

DESPITE disappointing new jobs numbers, economists say the labour market has stabilised, and don't expect it to alter the RBA's rates stance.

Australia's unemployment rate was steady at 6.2 per cent in September.

THE first fall in the number of people with jobs in five months won't be enough to convince the Reserve Bank to cut interest rates, economists say.

THE jobless rate was steady at 6.2 per cent in September, but the number of people with jobs fell by an unexpectedly large 5,100.