Canada's unemployment rate edges down to 6.9% in October

The Canadian economy added 67,000 jobs in October and the unemployment rate ticked down to 6.9 per cent, Statistics Canada said on Friday.

The gains in employment were driven by wholesale and retail trade, transportation and warehousing, information, culture and recreation, and the utilities sector. Employment in the construction sector declined.

Nearly one in five people who were unemployed in September found work in October. The youth unemployment rate, meanwhile, fell for the first time since February, Statistics Canada said.