1 of 1
Story summary
- Canada’s labour market lost 68,000 jobs in September, raising the unemployment rate to 6.5%.
- Quebec shed 49,000 jobs while Ontario and British Columbia each lost 20,000.
- Alberta added 23,000 jobs, contrasting with losses in most other provinces.
- The public sector fell by 70,000 jobs, half due to Quebec education services.
- Average hourly wages rose 2.3% year-over-year, supporting the Bank of Canada’s decision to keep its key rate at 2.25%.