Aussie dollar investors were surprised by the publication of a weak jobs report in April.
The latest report from the Australian Bureau of Statistics (ABS) showed net employment fell by 4,300 last month after posting a stronger increase of 61,100 in March.
The recorded figure is also far from the market's forecast to increase by 25,000.
Meanwhile, the unemployment rate rose to 3.7% from a 50-year low previously recorded at 3.5%.
The Aussie dollar fell 0.4% to 0.6635 against the greenback after the data was released in the Asian session.
Following the weak reading, it indirectly shook investors' confidence to see the Reserve Bank of Australia (RBA) continue to raise interest rates at the next meeting.
The RBA has previously said that the next decision will depend on developments in the economy and inflation.
The strength of the job market has been a key factor in the RBA's confidence that Australia can avoid recession.
The central bank predicts unemployment will rise to 4% by the end of the year as rising borrowing costs affect economic activity.
