Canada’s economy lost 4.7k jobs in October (0.0% m/m), significantly undershooting consensus expectations for a 15k gain. Full-time employment fell by 18.1k, while private-sector employment declined by 52.5k. The unemployment rate rose two ticks to 6.7% from 6.5%, marking a second consecutive monthly increase. The job finding rate (18.9%) remains below the average for the […]
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