Canada adds 21,000 jobs in tight market

 

Bloomberg

Canadian employment grew in September for the first time in four months, but gains remained moderate in a sign the labour market continues to be near full capacity.
The country added just over 21,000 jobs last month, with small gains in both full-time and part-time work, Statistics Canada reported in Ottawa. That’s in line with the median estimate of a 20,000 gain
anticipated by economists.
The unemployment rate fell to 5.2% as the labour force shrank, reversing part of an increase in August. Hours worked fell 0.6% in September.
The rise in employment ended three consecutive months of losses from June through August, during which the economy shed more than 113,000 jobs. The number of public-sector employees rose in September, partially offsetting declines recorded in July and August.

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