Saturday, November 07, 2009

Canadian Unemployment Rate Up to 8.6%

October 2009, Following two months of moderate growth, employment decreased by 43,000 in October, all in part-time jobs. This drop pushed the unemployment rate up 0.2 percentage points to 8.6%. Most of October's employment decline came from retail and wholesale trade, "other services" and natural resources. These losses were partially offset by gains in transportation and warehousing.

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