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Australia shares down but off lows

MELBOURNE, Oct 11 (Reuters) - Australian shares fell 0.2 percent on Thursday, weighed by weakness in miners but paring steeper earlier losses after data showed a jump in jobs in September.

The Australian dollar

rose a third of a cent as expectations for a November rate cut weakened after government data showed employment rose 14,500 in September, compared to forecasts for a slight rise of 3,750.

.

The benchmark S&P/ASX 200 index

fell 7 points to 4,483.5, according to the latest data, off a session low of 4,460.4.

New Zealand's benchmark NZX 50 index

slipped 0.1 percent to 3,883.3. Lynas Corp Ltd plunged 15 percent as it faced another delay in opening its rare earths plant in Malaysia.

(Reporting by Miranda Maxwell; Editing by Jeremy Laurence)

((miranda.maxwell@reuters.com)(Reuters

Messaging:)(miranda.maxwell.reuters.com@reuters.net)(+61-3

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