Business

Canada added 25,000 jobs last month, StatsCan says

Business·New

Canada’s economy added 25,000 new jobs in November, Statistics Canada reported Friday.

Jobless rate ticks up to 5.8%

According to the labour survey released by Statistics Canada, Canada’s economy added 25,000 jobs last month. (Brian Snyder/Reuters)

Canada’s economy added 25,000 new jobs in November, Statistics Canada reported Friday.

Despite the slight increase in jobs, the unemployment rate inched up to 5.8 per cent as more people were looking for work, too. Canada’s unemployment rate has ticked up by 0.8 percentage points since April, even as the economy has added jobs.

November’s job gains were slightly more than what economists were expecting.

More to come

Corrections and clarifications|Submit a news tip|
See also  Meta's Threads Is Now The Fastest Growing Platform After 100M Users Sign Up In The First Five Days

Related Articles

Leave a Reply

Back to top button