The job loss is more than double what economists had expected.

The unemployment rate fell to 8.5 per cent, down from 8.9 per cent in October

The increase in jobs was led by Quebec and gains in full-time work.

The number of jobs added was more than double the consensus expectation from economists.

Statistics Canada's jobs report came in below economists' expectations but follows two consecutive months of growth.

Statistics Canada's latest labour force survey found that job creation was nearly flat between May and July, a period that saw Canada add an average of 400 jobs per month.

The jobs boost beat economists' expectations, but more people looking for work pushed the jobless rate higher.

Workers' pay is still growing more slowly than inflation.

The national unemployment rate sunk to its lowest level in more than 40 years, with the jobless rate decreasing to 5.6 per cent.

A blast of 94,100 new jobs last month has knocked the country's unemployment rate down to 5.6 per cent — its lowest level since Statistics Canada started measuring comparable data more than 40 years ago.