The Australian sharemarket started the week lower, slumping nearly 1% as it followed offshore leads.
At 2.30pm, the ASX200 gave up 0.93% to 4119.3, while the broader All Ordinaries index lost 0.90% to 4161.3.
The Australian dollar also softened, buying $US1.0193.
The United States added only 80,000 new jobs in June, leaving unemployment at 8.2%.
ABOUT THE AUTHOR
Myriam Robin is a reporter for SmartCompany and its sister site LeadingCompany. She has degrees in economics, international studies and journalism. She likes writing about businesses taking risks and doing new things.
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