Statistics Canada Reports 68,000 Job Losses in September
1 report, 1 independent
Updated Sun 00:00
AI-generated briefing. Brind wrote this from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
Statistics Canada released national employment statistics showing that Canada shed 68,000 jobs in September. Young people were responsible for 48,000 of those losses. Youth unemployment now sits at 13 per cent, double the national rate, and barely half of Canadians aged 15 to 24 currently have a job.
Why it matters
The employment figures provide essential input for the Bank of Canada to guide its monetary policy decisions. The job losses and high youth unemployment rates reflect significant shifts in the Canadian labor market.
Who's involved
- Statistics CanadaCanada's principal government institution that released the official employment statistics.
- Bank of CanadaThe central bank of Canada that uses official economic data to guide monetary policy.
- IndeedAn American job listing search engine that relies on payroll data to report on labor market health.
Keep exploring
The entities involved
-
Statistics Canada
Canada's principal government institution in charge of statistics and census data
Related events
- Indeed relies on Statscan payroll data for reports.
- Statistics Canada conducts the national census on September 14, 2026.
- Statistics Canada released new data detailing trends in self-employment, gig work, and long-term unemployment.
- Statistics Canada reported on Canada's productivity decline, accompanied by economic commentary from the Bank of Montreal.
- Statistics Canada reports on Canadian labor market data, noting that job losses are hardest hit in Quebec due to tariff pressures.