India, March 20 -- The Australian dollar weakened against other major currencies in the Asian session on Thursday, following the release of Australia's disappointing domestic employment data in February.
Data from the Australian Bureau of Statistics showed that the Australian economy lost 52,800 jobs last month, well shy of expectations for an increase of 30,800 jobs following the addition of 44,000 in January.
The unemployment rate in Australia came in at a seasonally adjusted 4.1 percent in February, said on Thursday - in line with expectations and unchanged from the January reading.
Full-time employment was down 35,700 jobs following the addition of 54,100 a month earlier.
The participation rate was 66.8 percent, again missing foreca...