Canada Unemployment Rate Climbs to 6.7% in October

Morningstar · 2026-11-06 13:47 UTC

OTTAWA--Canada's unemployment rate unexpectedly rose for a second straight month in October as the economy again shed jobs.

By Robb M. Stewart

OTTAWA--Canada's unemployment rate unexpectedly rose for a second straight month in October as the economy again shed jobs.

Statistics Canada reported Friday that employment in the country fell by a net 4,700 last month. Market expectations were for employment to increase by about 15,000, after 68,300 jobs were lost the month before.

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