Canada jobless rate rises as employment falls again
Statistics Canada said employers cut 68,300 jobs in September, while the unemployment rate edged up to 6.5%. The Canadian dollar fell to an 18-month low after the report.
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Statistics Canada said employers cut 68,300 jobs in September, while the unemployment rate edged up to 6.5%. The Canadian dollar fell to an 18-month low after the report.
Canada shed 68,000 jobs in September, reversing the consensus expectation for a small gain. The unemployment rate rose to 6.5% as manufacturing, education and health care lost jobs.
Canada shed 68,000 jobs in September, versus expectations for a 9,000 gain, marking a second straight monthly decline. The unemployment rate rose 0.1 point to 6.5%.