Employment reaches record high: StatsCan

Unemployment drops to 5.8 per cent
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|hrreporter.com|Last Updated: 11/14/2007

Employment reached an all-time high of 63.7 per cent in October, according to Statistics Canada.

The monthly labour force survey also found the unemployment rate continued to drop in October, reaching a new 33-year low of 5.8 per cent.

The 0.1 percentage point drop in unemployment from September was due to the creation of 63,000 new jobs in October.