Canada’s unemployment rate fell to 6.9% in October
listen to this article
approx 1 minute
The audio version of this article is generated by text-to-speech, a technology based on artificial intelligence.
Statistics Canada said Friday that the Canadian economy added 67,000 jobs in October and the unemployment rate dropped to 6.9 per cent.
Employment growth was driven by wholesale and retail trade, transportation and warehousing, information, culture and entertainment, and the utility sector. Employment in the construction sector declined.
Nearly one in five people who were unemployed in September found work in October. Meanwhile, Statistics Canada said the youth unemployment rate declined for the first time since February.
more to come
CATEGORIES Business
