Small font size A Larger text size A Largest text size A

Employment Up 67,000 In October, Unemployment Rate Down 0.2 Percentage Pts, says Statistics Canada

BY MT Newswires | ECONOMIC | 11/07/25 08:36 AM EST

08:36 AM EST, 11/07/2025 (MT Newswires) -- Employment increased by 67,000 (+0.3%) in October, the second consecutive monthly increase, and the employment rate rose 0.2 percentage points to 60.8%, Statistics Canada said Friday. The unemployment rate declined 0.2 percentage points to 6.9%, it added.

BMO Economics, for example, was looking for a 10k increase in October, building on September's 60k rise that clawed back some of the 106k net losses in the prior two months. It noted Bloomberg consensus saw a 5,000 decline. BMO had said its expected increase in jobs, "though moderate", should hold the unemployment rate steady at 7.1% for a third straight month. It noted consensus was the same.

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

More Fixed Income News

China's central bank buys gold for 13th consecutive month BY Reuters |ECONOMIC 12/06/25 10:56 PM EST
China, Macao upgrade currency swap to long-term standing swap deal BY Reuters |ECONOMIC 12/06/25 01:30 AM EST
Fed Policy Easing Expectations Help Push Gains in US Equity Indexes This Week BY MT Newswires |ECONOMIC 12/05/25 04:49 PM EST
Nasdaq Extends Advance, Wall Street Logs Weekly Gain Amid Rate Cut Optimism BY MT Newswires |ECONOMIC 12/05/25 04:47 PM EST

All Fixed Income News

In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

fir_news_article