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Canada's jobless rate jumps to near 8-year high of 6.8% in November

  • Canada’s unemployment rate increased to 6.8% in November, marking the highest level since January 2017, excluding the COVID-19 pandemic.
  • The unemployment rate rose from 6.5% in October as more people sought work in a weakening job market.
  • Despite the jobless increase, the economy added 51,000 jobs in November, primarily in full-time positions.
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