HomeLive CommentsCanada employment grew 157k in Sep, regained pre-pandemic level

Canada employment grew 157k in Sep, regained pre-pandemic level

Canada employment grew 157k, or 0.8% mom in September, well above expectation of 61.2k. Employment regained pre-pandemic level in February 2020. Jobs in services-producing sector surpassed pre-COVID level but was still down -3.2% in goods-producing sector. Unemployment rate dropped from 7.1% to 6.9%, matched expectations. Labor force participation rate was at 65.5, also matched pre-pandemic levels.

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