StatsCan says unemployment rate dipped in September on big part-time job gains

NewsAlert: Canada gains 63,000 jobs in September, unemployment rate falls

Canada's Unemployment Rate Dips On Boom In Part-Time Work

The province added 33,300 jobs last month, pushing its unemployment rate down 1.1 percentage points to 4.2 per cent, according Statistics Canada data released October 5.

The Bureau of Labor Statistics (BLS) announced that in September the national jobless rate dropped to 3.7% as the economy added 134,000 jobs.

Statistics Canada's labour force survey compiled job data from July, August and September in all three Northern territories.

Most of the gains were made in Ontario and British Columbia provinces, and were mostly attributable to part-time hiring, said Statistics Canada.

"The current reading, however, looks more in line with other measures of wages, and suggests that inflationary pressures aren't set to take off", Mendes wrote in a client note.

The country's unemployment rate is almost double what our neighbours to the south have reported, as the United States' rate fell from 3.9% to 3.7% in September. The number of jobs created mirrored the rise in the labour force.

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Men gained 34,000 of those jobs, while women saw increases of 20,000 positions, and a large chunk of the job gains were in construction.

Year-over-year the unemployment rate is up from September 2017 when it sat at 5.2 per cent, with 38,200 employed.

On a year-over-year basis employment rose by 222,400 jobs, or 1.2 percent.

The agency said the number of self-employed Canadians declined by 35,000 after recording an nearly equal total increase over the past twelve months.

Among the things largely lost in the new jobs report, the Employment Situation Summary for September, is that the unemployment rate for black Americans was 6%.

The agriculture sector also saw gains of about 9,000 jobs, offsetting continuous declines seen since May.

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