According to Statistics Canada, the unemployment rate dropped 0.1 percentage points to 8.9 per cent last month.
Canada added another 84,000 jobs in October, which is slightly slower than the previous month’s employment increase.
In Canada’s labour market, 378,200 jobs were produced between August and September.
Throughout October, in response to the rise in COVID-19 incidents, restrictions were re-imposed across Canada, leading to slower job growth.
Around the same time, according to Statistics Canada’s new Work Force Survey, there was very little improvement in the unemployment rate relative to September.
In October, compared to 9.0 percent the month before, the unemployment rate in Canada was 8.9 percent.
The survey also notes that the number of self-employed employees rose by 33,000 for the first time since the beginning of the COVID-19 pandemic.
The number of those employed at home also increased by 150,000 for those who worked at least half of their regular hours.
Women in the core 25-54 age group were the demographic groups that gained most from the job rise, while youth employment remained far below pre-pandemic levels relative to all other major age groups.