Source: Erica Alini, Global News, October 5, 2018
The Canadian economy added 63,300 jobs in September, pushing the unemployment rate slightly lower to 5.9 per cent.
The data release caps three months of wild swings. Last month’s blockbuster labour market results come after a net loss of nearly 52,000 positions in August and a gain of over 54,000 jobs in July.
This kind of seesawing is unusual even for Canada’s notoriously volatile jobs numbers and surprised economists, who had expected much more modest employment gains in September.