Canada's unemployment rate falls to 6.5% as job growth beats expectations
Part-time employment and youth aged 15–24 drove the addition of 54,000 jobs as the unemployment rate dropped to 6.5%, the lowest since May 2016, Statistics Canada said.
- On Friday, Statistics Canada reported Canada's unemployment rate fell to 6.5 per cent last month as the economy added 54,000 jobs, beating economists' expectations.
- Part-Time work led the increase, with gains concentrated among youth aged 15 to 24, a demographic that struggled this year, Statistics Canada said on Friday.
- Health-Care and social assistance added 46,000 positions, with the wholesale and retail trade industry shedding 34,000 jobs and 26,000 fewer people working or looking for work last month.
- The labour market posted a third straight month of gains, with the economy adding 181,000 jobs in the three-month period after flat growth from January to August this year.
- This marks the second consecutive decline in the jobless rate amid a labour market still coping with U.S. tariff uncertainty, Statistics Canada said on Friday.
52 Articles
52 Articles
Unemployment Drops to 6.5 Percent as Economy Adds 54,000 Jobs: StatCan
Canada’s unemployment rate fell by 0.4 percentage points to 6.5 percent in November, with 54,000 jobs being created, according to Statistics Canada. The Labour Force Survey released on Dec. 5 marks the second month in a row unemployment has fallen, declining from 7.1 percent to 6.9 percent. September’s unemployment rate was a high not seen since 2016 outside of the COVID-19 pandemic years, after drifting upward for most of 2025. The StatCan repo…
The movement in the Canadian jury curve was boosted after the unemployment rate in the country fell to the lowest level in 16 months, in November
Here's a quick glance at unemployment rates for November, by province
OTTAWA — Canada’s national unemployment rate was 6.5 per cent in November. Here are the jobless rates last month by province (numbers from the previous month in brackets): _ Newfoundland and Labrador 10.4 per cent (10.1) _ Prince Edward Island 7.7 per cent (8.5) _ Nova Scotia 6.7 per cent (6.7) _ New Brunswick 6.6 […]
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