US EditionCanada's job market surprisingly expands, unemployment falls in October
Employment growth in part-time roles across key sectors led to a drop in Canada's unemployment rate to 6.9%, exceeding economists' expectations by 87,000 jobs, Statistics Canada said.
- On Nov. 7, 2025, Statistics Canada reported Canada added more than 60,000 jobs in October, with unemployment falling to 6.9%.
- Consensus forecasts before the release anticipated job losses, but economists polled by Reuters expected a 2,500-job decline, contrary to the actual 67,000 added last month.
- Statistics Canada said most October gains came from part-time positions in wholesale and retail trade, transportation and warehousing, and information, culture and recreation.
- Monetary policy context matters because the Bank of Canada cut its benchmark interest rate for a second consecutive time last month, with the key lending rate at 2.25 per cent.
- Statistics Canada was expected to release its latest snapshot this morning, and The Canadian Press first published the report Nov. 7, 2025.
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Newmarket Today
Another month of surprise job gains reinforce Bank of Canada's rate hold: economists
OTTAWA — Another month of surprise job gains hasn't changed many economists' minds about softness in the Canadian labour market, but analysts weighing in Friday said signs of resilience should be enough to keep the Bank of Canada on the sidelines for
Job gains made in Windsor, Ontario, and nationally
The addition of 8,100 jobs in Windsor lowered the city's unemployment rate from 10.4 to 9.6 per cent last month.Labour participation rose 1.6 points to 65.2 per cent, and the labour force grew by 6,700 people, or 1.3 per cent, to 266,400.Windsor residents collecting Employment Insurance fell 1.4 per cent, from 27,000 to 25,600.The increase in employment was felt across Canada as the national economy gained a net 67,000 positions in October, the …
The Canadian economy added 67,000 jobs in October, exceeding economists' forecasts for a second consecutive month.
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