By Canadian Press

Statistics Canada scheduled to say this morning how labour market fared in October

Nov 5, 2021 | 2:04 AM

OTTAWA — Statistics Canada is scheduled to say this morning how the labour market fared in October, one month after the country passed a jobs milestone.

September’s labour force survey revealed that the country had recovered all of the three million jobs lost at the onset of the COVID-19 pandemic last year.

The gain of 157,000 jobs in September pushed the unemployment rate to 6.9 per cent, down from 7.1 per cent in August.

Economists expect to see another uptick in job numbers for October, although at a slower rate than September.

Royal Bank economists Nathan Janzen and Claire Fan expect a gain of around 50,000 jobs in the month, which would push the unemployment rate down a tad further.

Raiders AGM

Raiders impact on Prince Albert local economy continues to go up: AGM report

5h ago

Court proceedings

'The impact of this trauma will echo for generations': court case surrounding La Ronge woman's death reaches conclusion

Dec 11, 2024

Going Global

P.A.'s Zablocki named to Team Canada for U18 Women's World Championships

Dec 11, 2024

The pair point to an uptick in consumer spending last month in high-contact service industries as reason to believe today’s jobs report should show larger gains in those sectors. 

This report by The Canadian Press was first published Nov. 5, 2021.

The Canadian Press