Jobs surged in September, clouding the outlook for the Bank of Canada as it weighs whether more interest rate hikes are needed. Read more
Most of the gains were in part-time work, said the national data agency, with part-time jobs rising by 48,000 or 1.3 per cent.
Statistics Canada said in its release that the economy would need to generate 50,000 new jobs each month to keep up with soaring population growth and maintain the current employment rate. “Not all of the details in the report matched the top-line strength. Hours worked edged down slightly, in part because job gains tilted part-time. Meanwhile, the seasonally volatile education industry was the key driver of the overall increase, while cyclical bellwethers like construction and wholesale and retail trade both dipped.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Wage increases aren’t automatically an inflation problem, former Bank of Canada boss Poloz cautions tkPoloz argues the strong wage gains over the past year do not automatically mean higher inflation and suggested there are ways for wages to rise without triggering price increases
Read more »
UK vacancies fall but jobs market slowdown may be ending-RECExplore stories from Atlantic Canada.
Read more »
'It will cost people their jobs': Thunder Bay top cop says racism won't be toleratedTHUNDER BAY, Ont.
Read more »
'It will cost people their jobs': Thunder Bay top cop says racism won't be toleratedTHUNDER BAY, Ont.
Read more »
‘It will cost people their jobs’: Thunder Bay top cop says racism won’t be toleratedThunder Bay police Chief Darcy Fleury said being a target of racism, especially when he was younger, has informed how he identifies and addresses discrimination.
Read more »
UK vacancies fall but jobs market slowdown may be ending, recruiter industry body saysMarket News
Read more »