Jobless rate reaches 6.8% in November, highest since January 2017 outside of pandemic

Canada’s unemployment rate jumped to 6.8 per cent last month as more people looked for work in a weak job market.

A Statistics Canada building and sign are pictured in Ottawa on Wednesday, July 3, 2019. THE CANADIAN PRESS/Sean Kilpatrick

Meanwhile, the economy added 51,000 jobs in November, with employment gains concentrated in full-time work. BMO changed its call from a quarter-percentage-point cut to a half-point reduction in the Bank of Canada’s policy interest rate following the job report.

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