Canada unemployment rate

Ottawa (Rajeev Sharma): Canada’s unemployment rate fell to 6.5 per cent in November, reaching its lowest point in 16 months, according to data released by Statistics Canada on Friday. The drop marks a significant improvement from October’s 6.9 per cent and follows months of rising joblessness that peaked at 7.1 per cent in September — the highest level since 2016 outside the pandemic years.The economy delivered an unexpected boost by adding 54,000 jobs in November, registering a third consecutive month of employment growth. Most of the new positions were part-time and concentrated in the private sector. Young workers between 15…