Australia's central bank is set for the first major pieces of data to determine any further interest rate cut.

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Labour force figures for September will be released on Thursday by the Australian Bureau of Statistics, with economists tipping the unemployment rate to remain steady.

The jobless rate held at 4.2 per cent in August despite employment falling by 5000 people for the month.

CommSec chief economist Ryan Felsman said a result with stable unemployment was on the cards, but a jump could change the forecasts for an interest rate cut in early November when the Reserve Bank next meets.

"We expect employment to print at 30,000 and the unem

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