Thomas jobless rate jumps to 6.3% in October

Canada adds 35000 jobs in October, unemployment rate up 0.1 per cent

There was also a notable uptick in the manufacturing sector, which added 7,800 jobs and was up by 51,000 (+3.0%) on a year-over-year basis, the report said. The number of full-time jobs rose by 88,700 in October while part-time jobs fell by 53,400.

The province's unemployment rate dropped to 5.9 per cent last month, tying Saskatchewan for third lowest in Canada.

Stats Canada says there was a net increase of more than 35-thousand jobs nationwide.

However, offsetting the jobs report, Statistics Canada also reported a $3.2-billion trade deficit for September, essentially unchanged from the previous month which was revised to a deficit of $3.2 billion compared with an initial estimate of $3.4 billion.

The trade deficit came as exports fell 0.3 per cent to $43.6 billion in the month, a fourth consecutive monthly decline.

Economists have been predicting that the economy is slowing in the second half of the year after the red-hot pace set in the first six months of 2017.

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"Growth indicators for Canada have been decelerating, but you wouldn't know it looking at the labor market, where employers are still beefing up their workforce", Avery Shenfeld, chief economist at Canadian Imperial Bank of Commerce, said in a note to investors.

"Every quality measure we typically look at in the employment report was on the side of angels", he said.

Employment rose in several industries with jobs in good-producing industries leading the gain, adding 33,900 positions, driven largely by construction, which added 18,400 jobs.

Wholesale and retail trade shed 35,900.

The largest employment increase was in Quebec, followed by Alberta, Manitoba, Newfoundland and Labrador, and New Brunswick.

The workforce grew by 4,700 people between September and October, as 1,000 jobs were lost.

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