<div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>The unemployment rate has remained steady just days before the Reserve Bank's next decision on interest rates, despite almost 90,000 people finding work last month.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>The new data released by the Australian Bureau of Statistics this morning showed the jobless rate remained at 4.1 per in April, in line with economists' forecasts.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>However, there were 89,000 new jobs created in the economy – far higher than expected.</span></div></div><div><div id="adspot-mobile-medium"></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><strong><span>READ MORE:</span></strong><span> </span><a href="https://www.9news.com.au/national/weather-news-rain-storms-forecast-for-eastern-australia-through-to-weekend/2c0b8720-f071-4ad7-88d3-e760e2994481"><strong><span>Millions set for major soaking that will last all weekend</span></strong></a></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>"We had 59,500 new full-time jobs created in the month, and another 29,500 part-time jobs created in the month," Nine finance editor Chris Kohler said.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>"Now, that is significantly more than the market was expecting.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>"So all reasonable and in line with expectations on the unemployment rate, but quite a bit stronger than everyone was expecting when it comes to the number of new jobs created. So that's a bit of a split here."</span></div></div><div><div class="OUTBRAIN" data-reactroot="" data-src="//www.9news.com.au/finance/unemployment-april-jobless-rate-steady-4-1-per-cent/14ef20ab-6cdf-4ad7-b251-9e4f4f9a5fe1" data-widget-id="AR_5"></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>He said that is unlikely to get in the way of an expected interest rates cut on Tuesday, but may stop the Reserve Bank from pulling the trigger on three further cuts throughout the rest of the year, which the market was expecting just last week.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><strong><span>READ MORE:</span></strong><span> </span><a href="https://www.9news.com.au/national/former-nsw-mp-rory-amon-arrested-for-breaching-bail-conditions/be0a1dfc-998e-4576-be4b-81d7e30cde7a"><strong><span>Former MP accused of child sex offending charged with breaching bail terms</span></strong></a><strong><span></span></strong></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>"We're expecting to see a 25-basis-point cut, that is 96 per cent baked in, according to the market," Kohler said.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>"I think that's going to remain. What's really interesting here is if we continue to see strength in the labour market like this, then it might mean that we get three interest rate cuts from now until the end of the year, as opposed to four.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>"And if we do get a rate cut on Tuesday, probably expect to see some cautious language coming from Michelle Bullock."</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>Women accounted for the vast majority of the almost 90,000 new jobs created last month, with 65,000 compared to 24,000 new jobs for men.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>The national participation rate rose slightly, up 0.3 per cent.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>"The participation rate for 35-44 year olds had the largest annual growth, up 1.9 percentage points to 88.3 per cent," ABS head of labour statistics Sean Crick said.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><a href="https://www.9news.com.au/national/how-to-follow-9news-digital/29855bb1-ad3d-4c38-bc25-3cb52af1216f" target="_blank"><strong><em><span>DOWNLOAD THE 9NEWS APP</span></em></strong></a><strong><em><span>:</span></em></strong><span> </span><em><strong><span>Stay across all the latest in breaking news, sport, politics and the weather via our news app and get notifications sent straight to your smartphone. 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