TORONTO, Nov 3 (Reuters) - Canada's economy gained a net 17,500 jobs in October, entirely in part-time work, and the jobless rate rose to 5.7%, Statistics Canada data showed on Friday.
Employment in the goods producing sector grew by a net 7,500 jobs, largely in construction.
STORIES:MARKET REACTION: CAD/LINK: https://www150.statcan.gc.ca/n1/daily-quotidien/231103/dq231103a-eng.htm?HPA=1COMMENTSDEREK HOLT, VICE PRESIDENT OF CAPITAL MARKETS ECONOMICS AT SCOTIABANK:"So most of the jobs were part time.
In terms of Bank of Canada, we got another set of jobs numbers before their next decision and a lot more data before the December meeting.
You'd really need to see some strong holiday shopping and end of year activity in order to get a beat on Q4."
Persons:
DEREK HOLT, you've, Steve Scherer, Denny Thomas
Organizations:
TORONTO, Statistics, ECONOMICS, SCOTIABANK, Bank of Canada, Thomson
Locations:
Statistics Canada, it's