Great News On The Canadian Job Front
Blockbuster September Jobs Report – Further Fuel For Rising Interest Rates Statistics Canada released the September Labour Force Survey this morning, providing some unmitigated good news on the jobs front. Employment rose by 157,000 (+0.8%) in September, the fourth consecutive monthly increase. The unemployment rate fell by 0.2 percentage points to 6.9%.
Employment gains in September were concentrated in full-time work and among people in the core working-age group of 25 to