Canada’s Job Market Weakens as Employment Falls in October
Employment fell by 4,700 in October, following a cumulative 110,000 jobs lost over the prior two months. The unemployment rate rose 0.2 percentage points as more Canadians searched for work.
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Canada's labor market is showing no signs of shrugging off recent weakness. Employment was little changed in October, dropping a modest 4,700 to build on the cumulative 110,000 jobs lost the previous two months. As more Canadians searched for work, that pushed the jobless rate up 0.2 percentage poi…