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Canada Jobs Recovery Fizzles on Renewed Covid-19 Closures

  • Economy adds 83,600 jobs; unemployment rate drops to 8.9%
  • Drawn out recuperation phase could take years to play out
Mass-Timber Construction As Canada Plans More Wooden Highrises
Photographer: James MacDonald/Bloomberg
Updated on

Canada’s economy added 83,600 jobs in October, the fewest since the recovery began in May, as the country suffers through a second wave of coronavirus cases and fresh lockdowns.

The numbers mark a sharp deceleration from 378,000 jobs added in September, and average gains of 395,000 over the past six months. Economists were expecting a gain of 75,000 jobs.