"Canada's economy added 60,000 jobs in September, beating expectations with gains largely led by the tariff-vulnerable manufacturing sector, Statistics Canada said on Friday."
""Trade-exposed industries are far from out of the woods given ongoing tariff uncertainty. But the solid month highlights how things are holding on, at least in the near term," wrote Jessy Bains, senior economist at Indeed."
"BMO chief economist Douglas Porter said the jobs report came in "well above expectations of a modest gain and largely reversing the ultra weakness in the prior month.""
Sixty thousand jobs were added in September, with manufacturing contributing 28,000 jobs—the industry's first increase since January and partially offsetting 58,000 losses from January to August. Employment gains concentrated in Ontario and Alberta, with Alberta adding 43,000 jobs. Full-time employment rose by about 106,000 while part-time employment fell by 46,000. Health care and social assistance added 14,000 jobs and agriculture added 13,000, while wholesale and retail trade lost 21,000. The unemployment rate remained unchanged at 7.1% as more people entered the workforce. Average hourly wages increased 3.3% to $36.78 year-over-year. Employment growth has been minimal—about 0.1% over eight months amid trade uncertainty.
Read at www.cbc.ca
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