Canada adds fewer than expected jobs in October, wages rise
- Canada added 14,500 jobs in October, which was lower than expected, as reported by Statistics Canada.
- The unemployment rate remained unchanged at 6.5 percent, close to a 34-month high.
- The average hourly wage growth for permanent employees increased to 4.9 percent in October from 4.5 percent in September, according to the agency.
69 Articles
69 Articles
Canada's employment holds steady in October
OTTAWA, Nov. 8 (Xinhua) -- Canada's employment was little changed in October, following an increase in September and up by 303,000, or 1.5 percent, on a year-over-year basis, Statistics Canada said Friday. Read full story
'More of the same': Jobless rate holds steady at 6.5% in October amid weak hiring
OTTAWA — Canada’s unemployment rate held steady at 6.5 per cent last month as hiring remained weak across the economy. Statistics Canada’s labour force survey on Friday said employment rose by a modest 15,000 jobs in October.
Canada Adds Less Than Expected Jobs in October, Wages Rise
OTTAWA—Canada added lower-than-expected 14,500 jobs in October and wages of permanent employees rose, data showed on Friday, as the economy grappled to absorb the slack built up due to a rapidly rising population amid an overheated market. The unemployment rate stayed unchanged from September but hovered around a 34-month high of 6.5 percent, Statistics Canada said. Analysts polled by Reuters had estimated a net addition of 25,000 jobs and the u…
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