Unemployment ticked up to 6.7% in October, says StatCan

Global News · Ariel Rabinovitch · 2026-11-06 15:28 UTC

Canada's unemployment rate increased 0.2 percentage points to 6.7 per cent last month as more people looked for work — especially younger Canadians.

Canada’s unemployment rate increased 0.2 percentage points to 6.7 per cent last month as more people looked for work — especially younger Canadians.

A Reuters poll of economists had expected the economy would bounce back with a gain of 13,600 jobs in October.

Statistics Canada said Friday that Canada’s workforce shed 4,700 jobs in October, with the unemployment rate for youth aged 15-24 rising 0.7 percentage points from September to 13.7 per cent.

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