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Canada Unemployment Rate Stays 7.4% as Job Growth Slows

Canada’s unemployment rate remained at 7.4 percent in October as job growth slowed, with gains in public-sector work curbed by a decline in agriculture.

Employment rose by 1,800 following September’s 52,100 gain, Statistics Canada said today in Ottawa. Economists surveyed by Bloomberg News projected job creation of 10,000 and 7.4 percent unemployment, according to median of 23 forecasts.