Canadian economy adds 66,600 jobs in October, jobless rate at 6.9%

In October, the Canadian economy added 66,600 jobs, primarily driven by an increase in part-time positions. This growth resulted in a decrease in the national unemployment rate, which now stands at 6.9%.

The data reflects a significant shift in the labor market, highlighting the ongoing changes in employment patterns across the country. The increase in part-time jobs has been a notable factor in the overall job gains for the month.

For further context on economic trends, recent developments in the economy have also indicated shifts in investment strategies amid changing market conditions.

This report underscores the current state of employment in Canada as of October 2025.

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