Employment in Canada rose 3.0K in October after dropping 6.6K the month before while economists predicted 15.0K rise. At the same time, the unemployment rate unexpectedly fell to 7.9 percent from September’s reading of 8.0 percent. Full time employment jumped 47.2K while part time employment dropped 44.2K. It is worth noting that the participation rate scaled back to 67.2 in October, and provides reasoning for the decline in the unemployment rate. Employment Change is expected 17.9K rise this month and unemployment rate is likely to remain 7.9%.