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CANADA SHEDS 68,000 JOBS ON PUBLIC SECTOR CUTS

CANADA SHEDS 68,000 JOBS ON PUBLIC SECTOR CUTS

Canada's economy shed 68,000 jobs in September, pushing the unemployment rate to 6.5%. The entire decline came from the public sector, which cut 70,000 positions for a fourth straight monthly drop -- private employers actually added jobs on net. The miss lands weeks before the Bank of Canada's next rate decision, with the loonie ($FXC) in focus.

@55 Markets·1h ago·Source: www150.statcan.gc.ca
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