Canada’s Employment Market Remained Largely Unchanged in September Despite Stronger Hiring Demand

According to Statistics Canada there was little change in employment in September. Full time gains were offset by part-time losses. The rate of unemployment went down 0.1 point to 8.0 percent – but for the wrong reason: Some job seekers, mostly youth, seem to have given up looking for work and dropped out of the labour force altogether. This is disappointing, as economists had expected 10,000 new jobs to be created. This did not quite happen as expected.
Continue reading Canada’s Employment Market Remained Largely Unchanged in September Despite Stronger Hiring Demand