Canada unemployment rises to 6.7% in October as economy sheds 4,700 jobs
Canada’s unemployment rate rose to a six-month high of 6.7% in October from 6.5% in September, Statistics Canada said. The economy lost a net 4,700 jobs, bringing overall job losses this year to 46,000. Annual growth in average hourly wages for permanent employees slowed to 2% from 2.3% in September.