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

MarketScreener · Reuters · 2026-11-06 13:32 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, Nov 6 (Reuters) - 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% in October from 6.5% in the prior month, Statistics Canada said. The last time it was higher than this level was 6.9% 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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