Overview
- Hiring was entirely in full-time roles, with 106,000 positions added as part-time work fell.
- Manufacturing led with about 28,000 jobs — its first monthly increase since January — alongside gains in health care and agriculture, while wholesale and retail, construction and transportation declined.
- Youth unemployment rose to 14.7%, the highest in roughly 15 years outside the pandemic, and Statistics Canada flagged rising overqualification and underutilization.
- Despite September’s rebound, employment has risen by only about 22,000 since January after steep summer losses and continued pressure from U.S. tariffs on export-sensitive industries.
- Average hourly wages for permanent employees grew 3.6% year over year to C$37.87, and market pricing showed lower odds of another rate cut this month after the surprise gain.