Canada Adds 54,000 Jobs in November, Unemployment Rate Falls to 6.5%
Canada Gains 54,000 Jobs, Unemployment Drops to 6.5%

Canada's labour market demonstrated robust growth in November, adding a significant number of new positions and pushing the national unemployment rate lower, according to the latest data from Statistics Canada.

November Sees Strong Employment Gains

The federal agency reported that the Canadian economy added 54,000 jobs in November 2025. This positive swing in employment contributed to a notable decrease in the country's unemployment rate, which fell to 6.5%. The data, released on the morning of Friday, December 5, 2025, provides a snapshot of economic resilience as the year approaches its close.

Details of the StatCan Report

The job gains reported by Statistics Canada mark a significant monthly increase. The decline in the unemployment rate from its previous level indicates that job creation is keeping pace with or exceeding growth in the labour force. This report is a key economic indicator watched closely by policymakers, businesses, and financial markets to gauge the health of Canada's economy.

The data was made public at 5:36 AM EST on December 5, 2025, with an update following at 8:42 AM EST the same day. The timely release allows for immediate analysis of current economic trends.

Context and Economic Implications

Monthly employment figures are volatile, but a gain of this magnitude suggests underlying strength in hiring across various sectors. A falling unemployment rate generally points to a tightening labour market, which can have implications for wage growth and consumer spending power.

Analysts will scrutinize subsequent reports from StatCan to determine if this positive trend is sustained or if it represents a single month of strength. The performance of the labour market is a critical factor for the Bank of Canada when making decisions about interest rates and monetary policy.

While this report focuses on national aggregates, future breakdowns will reveal which industries and provinces contributed most to the job growth, and whether the gains were in full-time or part-time positions.