Unemployment Rate Fell to 5.9 per cent

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The Canadian Press

Economy Added 79,500 Jobs in November

A wave of job creation last month knocked the unemployment rate down to 5.9 per cent -- its lowest level in nearly a decade.

Statistics Canada said December 1 that the economy churned out another 79,500 net new jobs in November and drove the jobless rate down 0.4 percentage points from 6.3 per cent the month before.

The federal statistical agency also released fresh figures Friday for growth -- they showed that the economy expanded at an annual pace of 1.7 per cent in the third quarter.

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JULY 2018

Vol. 12 - No. 12


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