NL Unemployment Rate Up in October

The unemployment rate in Newfoundland and Labrador went back into double digits last month—from 9.7 per cent in September to 10.0 in October. In the St. John’s region, the rate held steady at 6.6 per cent.

Canada’s unemployment rate rose to 5.7 per cent last month as job opportunities became less plentiful in an economy weighed down by high interest rates. That’s up from 5.5 in September.

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