Canadian economy lost 68,000 jobs in September
News Source : CBC News
News Summary
- Decline comes after economy shed 42,000 jobs in August.
- Statistics Canada says job losses were split between full- and part-time work.
- The decline was concentrated in youth aged 15 to 24, who accounted for 48,000 job losses.
- Quebec led the job losses by province, while B.C.
- followed with 20,000 fewer jobs.
- The Bank of Canada's last look at the labour market before its next interest rate decision on Oct.
- The unemployment rate ticked up by 0.1 percentage points to 6.5 per cent, which is where it stood at the start of 2026.
Canada lost 68,000 jobs in September, according to Statistics Canada, marking a second month of losses in a row, while the unemployment rate rose to 6.5 per cent.
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