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Macro Finance

Canada Jobless Rate Rises to 6.7%, Employment Falls Slightly

Bloomberg Markets·November 6, 2026·1 min read

Canada's unemployment rate rose to 6.7% in October as more people looked for work and employment fell modestly, signaling ongoing softness in the labor market. The increase points to continued economic weakness, with job growth failing to keep pace with a growing workforce.

Read at Bloomberg Markets
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