Canada’s unemployment rate edges up to six-month high in October

CTV News · Reuters Staff · 2026-11-06 13:41 UTC

Canada’s unemployment rate went up to a six-month high in October and the economy lost a few thousand jobs as the private sector and full-time employment saw declines, data showed on Friday.

OTTAWA — Canada’s unemployment rate went up to a six-month high in October and the economy lost a few thousand jobs as the private sector and full-time employment saw declines, data showed on Friday.

The unemployment rate edged up to 6.7 per cent in October from 6.5 per cent in the prior month, Statistics Canada said. The last time it was higher than this level was 6.9 per cent jobless rate in April.

The economy lost a net of 4,700 jobs in the month, taking the total size of the jobs the economy lost this year to 46,000 overall.

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