The currency climbed the most in three months as the report prompted traders to resume betting the central bank will raise interest rates for a third time this year to cool inflation. The number of people employed rose 29,800 last month after a revised 25,600 drop in May.
The Australian dollar jumped 1 percent to 96.00 U.S. cents at 11:38 a.m. in Sydney, from 95.55 cents before the report and 95.17 cents in late Asian trading yesterday.
Australian two-year government bonds reversed an earlier gain, ending a five-day winning run after the report. The yield rose 1 basis point, or 0.01 percentage point, to 6.70 percent. Bond yields move inversely to price.
The Australian dollar fell to a three-week low yesterday as traders reduced bets the central bank will raise borrowing costs after a government report showed home-loan approvals slid by the most in eight years and a private-sector survey of consumer confidence dropped to the lowest level since 1992.