Statistics Canada: employment little changed in October (-4,700) as unemployment rate rises 0.2 points to 6.7%
Key points
- Employment fell by 4,700 in October, little changed
- Unemployment rose 0.2 points to 6.7%; youth unemployment rose 0.7 points to 13.7%
- Wholesale and retail trade lost 29,000 jobs; construction added 16,000
Statistics Canada's Labour Force Survey shows employment little changed in October, down 4,700 (0.0%). The employment rate fell 0.1 points to 60.5%, and the unemployment rate rose 0.2 points to 6.7%. Youth unemployment (ages 15 to 24) rose 0.7 points to 13.7%. Wholesale and retail trade lost 29,000 jobs, while construction added 16,000. For information only; not legal advice.
Original report: Gc ↗Edited with AI assistance. Facts are based on official sources and original reports.