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Canada Adds 67,000 Jobs in October as Unemployment Falls to 6.9%.
Canada’s labour market strengthened in October as employment rose by 67,000 and the jobless rate fell to 6.9%.
Gains came mainly from part-time service roles, while construction lost 15,000 jobs.
Youth unemployment dropped to 14.1%, and wages rose 3.5% year-over-year.
Economists say the data signals resilience and supports expectations that the Bank of Canada will keep rates steady at 2.25% in December.
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Canadá añade 67.000 empleos en octubre mientras el desempleo cae al 6,9%.