Canada’s employment grew 17.5k in October, below expectation of 25.7.
Employment was up in construction (+23,000; +1.5%) and information, culture and recreation (+21,000; +2.5%) in October. This was offset by decreases in wholesale and retail trade (-22,000; -0.7%) and manufacturing (-19,000; -1.0%).
Unemployment rate rose from 5.7% to 5.9%, above expectation of 5.8%.
On a year-over-year basis, average hourly wages rose 4.8% yoy in October, following an increase of 5.0% yoy in September.
 and information, culture and recreation (+21,000; +2.5%) in October. This was offset by decreases in wholesale and retail trade (-22,000; -0.7%) and manufacturing (-19,000; -1.0%).){kind=link}