NEWS

Canada's jobless rate stays at 6.9%

11/08/2013 08:47 EST | Updated 01/23/2014 06:58 EST
Canada's jobless rate was unchanged in October for the second straight month, as the number of jobs increased at the same rate as the number of people looking for work, says Statistics Canada.

"Employment was little changed," the data agency said in a release.

The national jobless rate was 6.9 per cent last month, even as 13,200 new jobs were created. That's because the small jobs gain was offset by a similar increase in the number of job seekers, keeping the rate at 6.9 per cent.

There were wide variances across the country.

Employment increased in Quebec, Newfoundland and Labrador, and Prince Edward Island even as it declined in Nova Scotia, Manitoba and New Brunswick.

Compared to the same month a year ago, there were 214,000 more jobs in October 2013. A year ago, the unemployment rate was 7.4 per cent.

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