Australia's unemployment rate rises to a surprise 3.7 per cent as fewer workers hired

The unemployment rate has been below 4 per cent since March 2022. (ABC News)

Australia's unemployment rate has risen to 3.7 per cent after an estimated 4,300 jobs were lost last month, according to official estimates from the Australian Bureau of Statistics (ABS).

Economists were generally expecting the unemployment rate to remain steady at 3.5 per cent, with the creation of 25,000 jobs.