Full-time employment passes 10 million for first time in better-than-expected jobs figures

An unexpectedly low unemployment rate has seen 10 million Australians have a full-time job for the first time in history, likely scuppering any chance of a pre-Christmas interest rate cut.

New data from the Australian Bureau of Statistics showed the jobless rate last month was unchanged from August at 4.1 per cent, after 64,000 new jobs were created in September.

The ABS had originally put the August rate at 4.2 per cent, only to revise it down 0.1 per cent today.

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