Canada Adds Less Than Expected Jobs in October, Wages Rise

Canada Adds Less Than Expected Jobs in October, Wages Rise
A construction worker passes a condominium site with a roll of cable in Toronto, on Oct. 8, 2021. Reuters/Chris Helgren
|Updated:
0:00

OTTAWA—Canada added lower-than-expected 14,500 jobs in October and wages of permanent employees rose, data showed on Friday, as the economy grappled to absorb the slack built up due to a rapidly rising population amid an overheated market.

The unemployment rate stayed unchanged from September but hovered around a 34-month high of 6.5 percent, Statistics Canada said.