September job numbers continue positive trend: Stats Can

October 6, 2023

Despite the unemployment rate remaining unchanged for the third-straight month, the economy gained 64,000 new positions in September.

According to the latest figures released by Statistics Canada, the jobless rate remined steady at 5.5%.

The rate of new employment was concentrated largely among core-aged women (25 to 54 years old), which saw an increase of 37,000, while those same-aged men gained another 32,000 new jobs. For youth 15 to 24 years old and people 55 years old and older, there was little change.

While the news remains good, not all numbers represent a positive sentiment in corporate Canada, according to one economist.

Source: HR Reporter