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FX.co ★ Canada’s Labour Participation Rate Holds Steady at 64.8% in October

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typeContent_19130:::2026-11-06T13:30:00

Canada’s Labour Participation Rate Holds Steady at 64.8% in October

Canada’s labour force participation rate remained unchanged in October 2026, holding at 64.8% for a second consecutive month, according to the latest data updated on 6 November 2026.

The October reading matches September 2026’s level of 64.8%, indicating a period of stability in the share of Canadians either employed or actively seeking work. With no movement in the headline participation figure between September and October, attention is likely to focus on other labour market indicators—such as employment growth, unemployment, and wage trends—to assess the underlying momentum of Canada’s job market.

The steady participation rate suggests that, at least over this recent period, there has been no significant shift in the number of people entering or exiting the labour force, an important consideration for policymakers and investors tracking the health and capacity of the Canadian economy.

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