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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The Star Kuala Lumpur
The Peninsula QatarCanada's employment rises 0.3 pct in October
OTTAWA, Nov. 7 (Xinhua) -- Canada's employment increased by 67,000, or 0.3 percent, in October, the second consecutive monthly increase, Statistics Canada reported on Friday. Read full story
Canada Adds 67,000 Jobs in October, Extending Modest Growth Into Second Month
Canada’s labour market recorded an unanticipated increase in jobs in October, marking slight gains for the second month in a row, according to federal data. The country’s economy saw an increase of 67,000 jobs in October, causing the unemployment rate to fall by two tenths of a percentage point to 6.9 percent, Statistics Canada said in a Nov. 7 report. October’s employment numbers were primarily attributed to 85,000 new part-time positions, up 2…
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
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