Statistics Canada: Unemployment Rate

unemployment rate: The improvement in the unemployment rate from 7.1 per cent in August came as the economy added 11,900 new jobs for the month, just ahead of the 10,000 that had been expected by economists, according to CTV. Bank of Montreal chief economist Doug Porter said that, in general, the details of the report were stronger than the overall numbers would suggest and OTTAWA, Ont. -- The unemployment rate dropped to 6.9 per cent in September -- its lowest level since 2008 -- as fewer young people looked for work, Statistics Canada said Friday. The gain in jobs followed the addition of 59,200 jobs in August. (www.immigrantscanada.com). As reported in the news.