Canada’s unemployment rate rises to 6.7 percent
October’s labour survey showed nearly flat employment and more people looking for work.
Canada's unemployment rate rose by 0.2 percentage points to 6.7 percent in October, Statistics Canada reported on November 6. Total employment barely moved, while the number of people looking for a job grew.
Wholesale and retail trade shed an estimated 29,000 jobs. Construction added 16,000 and education services gained 15,000. British Columbia recorded a gain of 12,000 jobs while employment in Alberta fell by 24,000.
The unemployment rate for people aged 15 to 24 climbed to 13.7 percent. For men and women in the core working-age group of 25 to 54, the survey recorded no change in the respective unemployment rates.
