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Canada Jobless Rate Edges Up With Another Drop in Employment
Economy · 4 sources

Canada Loses About 68,000 Jobs in September, Second Straight Monthly Drop

Canada's employment fell again in September and the jobless rate edged up. Here's what the numbers mean and why people are asking about the Bank of Canada.

KEY TAKEAWAYS
  1. Bloomberg reports Canada lost 68,300 jobs in September, and it says public sector losses played a part.
  2. CBC says this is the second month in a row that employment fell when forecasters had not expected it to.
  3. The WSJ reports the unemployment rate edged up.
  4. Morningstar's coverage looks at what the weak numbers could mean for the Bank of Canada's interest rate decisions.
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