Canada adds surprise 60,000 jobs in September, unemployment rate steady at 7.1%
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Canada adds surprise 60,000 jobs in September, unemployment rate steady at 7.1%

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In September, Canada unexpectedly added 60,000 jobs, maintaining an unemployment rate of 7.1%, as reported by Statistics Canada, signaling resilience in the labour market.

Why It Matters

This job growth is significant as it reflects Canadas ability to navigate economic challenges, potentially influencing monetary policy and public confidence in the labour market. Understanding these trends is crucial for businesses and policymakers as they plan for future economic conditions.