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Canadian Job Gains Unexpectedly Accelerate in September
Abstract：Canadas economy added 378,200 jobs in September, more than double the median forecast, on a broad-based pickup in hiring.
Canadas economy added 378,200 jobs in September, more than double the median forecast, on a broad-based pickup in hiring.
Friday‘s figures show the country’s economy is continuing to recover. The jobs gain was widespread across industries, with increases in manufacturing, education and accommodation. Most were in full-time work.
Its unclear how long the improvement will last. Canada is in the midst of a second wave of Covid-19 cases and some cities have already forced some businesses to close again to curb the outbreak. Further restrictions risk reversing the current recovery and could prompt more damage to the labor market.
— With assistance by Erik Hertzberg
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The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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