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- Canada’s unemployment rate rose to 6.6% in November
Canada’s unemployment rate rose to 6.6% in November
Statistics Canada released the labour market data on Friday. Canada's unemployment rate rose to 6.6% in November from 6.5% in October, in line with expectations.
The number of employed people decreased by 10,700 in November, missing expectations for a gain of 5,300, after a 43,100 rise in October.
The labour participation rate remained unchanged at 66% in November.
Canada's economy lost 45,600 private-sector jobs in November and added 22,600 positions in the public sector. The number of self-employed workers increased by 12,300 jobs.
Retail and wholesale trade lost 41,600 jobs in November, while professional, scientific and technical services lost 32,900.
The youth unemployment rate rose by 0.4% to 13% in November.
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