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Canada’s October Unemployment Rate Rises to 6.7% After Two Months of Job Losses

The increase followed job losses in August and September. The Bank of Canada’s next interest-rate announcement is scheduled for Dec. 9.

A vacant chair stands at the edge of a quiet waiting room / TokenPost.ai
A vacant chair stands at the edge of a quiet waiting room / TokenPost.ai

Canada's unemployment rate increased 0.2 percentage points from September's 6.5% to 6.7% in October.

The unemployment increase followed job losses in August and September.

The Bank of Canada has scheduled its next interest-rate announcement for Dec. 9.

Riza Dagoc

Riza Dagoc reports on regulation, investing and the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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