Australia's unemployment rate rose slightly, to 6.3 per cent, in November, despite the creation of more than 40,000 jobs during the month.

The Australian Bureau of Statistics said on Thursday that the number of people employed rose by 42,700 to 11.64 million in November, against market expectations of 15,000 newly employed and compared with a revised 13,700 in October.

Unemployment edged up to 6.3 per cent. Credit:Tamara Voninski

The participation rate climbed from 64.6 per cent of the population to 64.7 per cent.

It was the fastest pace of jobs growth since March 2012, but also the highest unemployment rate for more than 12 years. Before rounding off, the official unemployment rate climbed from 6.25 per cent to 6.26 per cent.