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Canada Loses 68,300 Jobs in September; Unemployment Rises to 6.5%
A post reports forecasts for a 9,200-job gain, a 52,300-job decline in services and annual wage growth of 2.3%.
TLDR
A post reports that Canada lost 68,300 jobs in September, against forecasts for a 9,200 gain. It says full-time and part-time employment both fell, labor force participation dropped to 64.8%, and annual wage growth accelerated to 2.3%, complicating the inflation outlook. Another post asks whether a recession is looming.
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