The sterling jobs numbers, released Thursday, underscore Australia's position as one of the world's strongest developed economies, with a pressing need to contain demand at a time when many of its peers are toying with extending emergency stimulus measures to kick-start growth.
The Australian dollar rocketed to a fresh 26-month high .... Economists noted the labor market strength was based more broadly than on the strong resources sector, and the addition of 55,800 full-time positions shows just how strong demand for workers is, with 360,000 new positions added in the past 12 months