Canada's Unemployment Rate Drops to 6.9% in October: What It Means for the Economy

Описание: In October 2025, Canada's unemployment rate edged down to 6.9%, with the economy adding a surprising 67,000 jobs. This video breaks down the key sectors driving job growth, including wholesale and retail trade, transportation, and information. We also explore the impact of part-time vs. full-time jobs, wage increases, and how this data influences the Bank of Canada's interest rate decisions. Stay informed on the latest economic trends and what they mean for Canadian workers and businesses.
Key topics covered:
Breakdown of job gains by sector
Youth unemployment rate decline
Average hourly wage increases
Implications for Bank of Canada’s monetary policy
Comparison to economists' expectations
Whether you're a job seeker, investor, or just curious about Canada's economic health, this video has insights for you!