Canada’s unemployment rate holds steady at 6.5% in October

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Posted November 8, 2024 8:35 am

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The nationalist unemployment complaint held steadfast successful October amid humble occupation gains, Statistics Canada said Friday.

Canada’s jobless complaint was 6.5 per cent past month, the bureau said, arsenic employers added immoderate 15,000 positions to their payrolls.

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That follows a summation of 47,000 jobs successful September.

Gains successful the business, gathering and different enactment services sectors were offset by losses successful finance, security and existent property successful October.

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The Bank of Canada has progressively looked to enactment up weakness successful the Canadian jobs market, delivering a bid of involvement complaint cuts since June.

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