Canadas October Labor Force Survey 2013

Employment was little changed for the second consecutive month and the unemployment rate remained at 6.9% in October.

Compared with October 2012, employment increased by 1.2% or 214,000, with gains in full-time and part-time work. Over the same period, the number of hours worked rose by 1.4%.

Provincially, employment increased in Quebec, Newfoundland and Labrador and in Prince Edward Island. At the same time, there were declines in Nova Scotia, Manitoba and New Brunswick.

In October, there were more people working in accommodation and food services, health care and social assistance as well as public administration. However, employment declined in business, building and other support services.

The number of public sector employees increased in October, while there was little change among private sector employees and the self-employed.

Stats Canada

Content is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please access the RSS feed or contact us at info@marketpulse.com. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © 2023 OANDA Business Information & Services Inc.

Dean Popplewell

Dean Popplewell

Vice-President of Market Analysis at MarketPulse
Dean Popplewell has nearly two decades of experience trading currencies and fixed income instruments. He has a deep understanding of market fundamentals and the impact of global events on capital markets. He is respected among professional traders for his skilled analysis and career history as global head of trading for firms such as Scotia Capital and BMO Nesbitt Burns. Since joining OANDA in 2006, Dean has played an instrumental role in driving awareness of the forex market as an emerging asset class for retail investors, as well as providing expert counsel to a number of internal teams on how to best serve clients and industry stakeholders.
Dean Popplewell