CJOB News Team reporting
11/6/2009
Statistics Canada says the country's unemployment rate rose two-tenths of a point to 8.6 per cent last month as the struggling economy shed 43,200 jobs.
The job losses were a surprise to economists, who had been expecting a 10,000 gain in October after Canada's economy added jobs in August and September.
Manitoba's employment also fell in October (-3,400) bringing the unemployment rate up 0.5 percentage points to 5.8%. Despite the decline in October, employment remains little changed from 12 months earlier.
Statistics Canada says that national employment is now down 400,000 jobs, or 2.3 per cent, since a year ago.
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