Canada's unemployment rate falls to 6.5% as job growth beats expectations
Part-time employment and youth aged 15–24 drove the addition of 54,000 jobs as the unemployment rate dropped to 6.5%, the lowest since May 2016, Statistics Canada said.
- On Friday, Statistics Canada reported Canada's unemployment rate fell to 6.5 per cent last month as the economy added 54,000 jobs, beating economists' expectations.
- Part-Time work led the increase, with gains concentrated among youth aged 15 to 24, a demographic that struggled this year, Statistics Canada said on Friday.
- Health-Care and social assistance added 46,000 positions, with the wholesale and retail trade industry shedding 34,000 jobs and 26,000 fewer people working or looking for work last month.
- The labour market posted a third straight month of gains, with the economy adding 181,000 jobs in the three-month period after flat growth from January to August this year.
- This marks the second consecutive decline in the jobless rate amid a labour market still coping with U.S. tariff uncertainty, Statistics Canada said on Friday.
52 Articles
52 Articles
Unemployment Drops to 6.5 Percent as Economy Adds 54,000 Jobs: StatCan
Canada’s unemployment rate fell by 0.4 percentage points to 6.5 percent in November, with 54,000 jobs being created, according to Statistics Canada. The Labour Force Survey released on Dec. 5 marks the second month in a row unemployment has fallen, declining from 7.1 percent to 6.9 percent. September’s unemployment rate was a high not seen since 2016 outside of the COVID-19 pandemic years, after drifting upward for most of 2025. The StatCan repo…
Here's a quick glance at unemployment rates for November, by province
OTTAWA — Canada’s national unemployment rate was 6.5 per cent in November. Here are the jobless rates last month by province (numbers from the previous month in brackets): _ Newfoundland and Labrador 10.4 per cent (10.1) _ Prince Edward Island 7.7 per cent (8.5) _ Nova Scotia 6.7 per cent (6.7) _ New Brunswick 6.6 […]
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