Region's unemployment rate up slightly from September

Canada's labour force has increased by just 62,500 so far in 2018 one of the smallest 10-month gains in recent

The unemployment rate for the Montreal census metropolitan area was 5.6 per cent in October, Statistics Canada said on Friday, down from 6 per cent in September and 6.6 per cent in October 2017.

The rate edged back down to its four-decade low, as job growth was essentially flat and fewer people looked for work.

While London's jobless rate is low, so is the labour participation rate.

The central bank has raised interest rates five times in the last 15 months in response to a strengthening economy.

There, the unemployment rate was down slightly from 6.4 per cent in September to 6.3 per cent in October.

It went from 7.3 per cent in September to 6.9 per cent in October, according to figures from Statistics Canada.

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On a year-over-year basis employment rose by 205,900 jobs, or 1.1 per cent.

Wage growth has gone down steadily since may when it was at 3.94 per cent, although experts had expected it strengthen in a tightened labour market.

Saskatchewan added 2,500 jobs in October, but employment levels were largely unchanged in the other provinces.

By industry, the goods-producing sector lost 12,000 jobs last month in a decline led by a notable loss of 7,100 positions in natural resources work.

The increase is in part due to the fact more people are actively looking for work and participating in the workforce - 66.3 per cent as opposed to 64.9 in 2017 - as more people are employed year-over-year - 105,500 up from 103,600.

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