Canada adds fewer than expected jobs in October, wages rise
- Canada’s unemployment rate was steady at 6.5 percent in October, with a modest increase of 15,000 jobs reported by Statistics Canada.
- The business, building and support services sectors had the largest job gains, while finance, insurance, and real estate saw the most declines.
- Average hourly wages increased by 4.9 percent, reaching $35.76 in October.
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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