Canada adds 12,000 jobs in September, unemployment rate rises to 7.1% - Macleans.ca
 

Canada adds 12,000 jobs in September, unemployment rate rises to 7.1%

A financial update on the Canadian economy from Statistics Canada


 
THE CANADIAN PRESS/Sean Kilpatrick

THE CANADIAN PRESS/Sean Kilpatrick

OTTAWA — Statistics Canada says the economy added 12,000 jobs in September, but the unemployment rate climbed by one-tenth of a percentage point to 7.1 per cent as more people entered the labour force.

The increase in the overall number of jobs was due to a rise in part-time employment, offset by a drop in full-time jobs.

The number of part-time jobs increased by 74,000 in September, but full-time employment fell by 62,000.

Regionally, British Columbia and Alberta both posted gains of 12,000 jobs, while Manitoba increased by 4,000.

However, Ontario saw a drop of 34,000 jobs in September as losses in full-time employment were partly offset by gains in part-time work. Quebec added 11,000 jobs.

The September jobs report was the last major piece of economic data before the federal election on Oct. 19.

More to come.


 
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Canada adds 12,000 jobs in September, unemployment rate rises to 7.1%

  1. Loss of 64,000 full time jobs is the largest single monthly decline in four years.

  2. Cons were bound to be good at SOMEthing…..I guess unemployment is it.