By Paul Vieira
OTTAWA--Canadian new and renewal claims for jobless benefits fell 0.1% in October on a month-over-month basis to 236,150, Statistics Canada said Tuesday.
On a 12-month basis, claims fell 1.3%.
Job-insurance claims are an indication of the number of people who could begin receiving unemployment benefits. Employment data indicated the jobless rate in October held steady at 7%, and then declined in November to 6.8%.
The number of people receiving regular jobless benefits rose 0.5% in October from September to 575,240, Statistics Canada added. On a year-over-year basis, the total number of people receiving jobless benefits advanced 5.8%.
All data are seasonally adjusted.
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(END) Dow Jones Newswires
December 20, 2016 08:45 ET (13:45 GMT)
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