The local share market has recorded its strongest trading day since the new year, with the ASX 200 jumping 1.4 per cent. The Australian dollar traded above 62 US cents after inflation in the United States fell more than expected. In economic news, the unemployment rate rose to 4 per cent, while 56,000 workers found new jobs in December. The stronger-than-expected jobs data from the ABS has raised doubts about when the Reserve Bank will start cutting interest rates, as finance presenter David Chau explains.
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