Story perspectives
Canada's Unemployment Drops to 6.5% with 54,000 New Jobs
12/9/2025
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Story summary
- Statistics Canada reported Canada's unemployment rate fell to 6.5% in November.
- Statistics Canada noted the economy added 54,000 jobs, primarily in the private sector, with gains among youth aged 15 to 24.
- Statistics Canada attributes the unemployment decline to a slowdown in population growth and a decrease in labor force participation.
- Wholesale and retail trade posted job losses.
- Average hourly wages rose 3.6% to $37.00.
