THE UNEMPLOYMENT RATE HAS HELD STEADY FOR JULY .... BUT JOB CREATION HAS GONE BACKWARDS...HIGHLIGHTING THE WEAKNESS IN AUSTRALIA'S ECONOMY.

#TAKE RVO# FIGURES FROM THE BUREAU OF STATISTICS SHOW THE UNEMPLOYMENT RATE HELD STEADY AT 5-POINT-8 PER CENT LAST MONTH IN SEASONALLY ADJUSTED TERMS.

BUT JOB CREATION FELL AGAINST EXPECTATIONS ... WITH A TOTAL OF 10-THOUSAND-200 JOBS DISAPPEARING FROM THE ECONOMY ... MOST OF THEM FULL TIME.

THE BUREAU SAYS FULL- AND PART-TIME EMPLOYMENT DECLINED FOR BOTH MALE AND FEMALE WORKERS. ANALYSTS SAY TODAY'S SOFT EMPLOYMENT FIGURES SHOW AUSTRALIA'S SLOWING ECONOMY IS PUTTING THE BRAKES ON THE JOBS MARKET.#READ ON#

THE AUSTRALIAN DOLLAR HAS CLAWED BACK MOST OF THE GROUND IT LOST WHEN THE LATEST EMPLOYMENT FIGURES WERE PUBLISHED.

IT'S NOW BACK UP ABOVE THAT 90 CENTS MARK AGAINST THE GREENBACK ..

IT'S ALSO STRONGER AGAINST THE EURO AND BRITISH POUND

MEANWHILE ... THE FIGURES HAD LITTLE IMPACT ON THE BROADER MARKET...

THE ALL ORDINARIES CONTINUES TO CLIMB THROUGHOUT THE SESSION ... ALONG WITH THE ASX 200

THE RESOURCES AND BANKING SECTORS ARE LEADING THE GAINS...

RIO TINTO IS UP AROUND ONE A HALF PER CENT

AS IS THE ANZ ...WHICH LEADS THE BIG FOUR

ELSEWHERE IN THE REGION, JAPAN'S NIKKEI IS UP ALONG WITH THE HANG SENG