Statistics Canada set to report September jobs data this morning
OTTAWA — Statistics Canada is set to report its latest jobs numbers this morning.
A Reuters poll of economists predicts employers added 9,200 positions in September, a slight bounce back after roughly 42,000 jobs were lost in August.
The consensus among economists is the unemployment rate ticked up to 6.5 per cent from 6.4 per cent.
The August job losses snapped a hot streak for the labour market, but economists weren’t overly concerned and instead pointed to the relatively stable unemployment rate as a sign the labour market wasn’t taking a major step back.