The Aporia
Digital, G. (2026, October 9). Did Canada add jobs in September? StatCan to release data. Global News. https://globalnews.ca/news/12094093/canada-jobs-september-2026/
Digital, Globalnews. “Did Canada add jobs in September? StatCan to release data.” Global News, 9 Oct. 2026, https://globalnews.ca/news/12094093/canada-jobs-september-2026/.
Digital, Globalnews. “Did Canada add jobs in September? StatCan to release data.” Global News, October 9, 2026. https://globalnews.ca/news/12094093/canada-jobs-september-2026/.
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Statistics Canada will release job numbers for September on Friday. Economists predict that employers added 9,200 positions in the month after losing roughly 42,000 jobs in August. The unemployment rate is expected to rise slightly from 6.4% to 6.5%, according to a Reuters poll. Despite August's job losses, economists remain cautiously optimistic due to the stable unemployment rate, indicating that the labor market has not significantly deteriorated. This data will be crucial for the Bank of Canada's next interest rate decision on October 28th, as it weighs the possibility of raising rates from its current level of 2.25%. Recent market expectations suggest a growing likelihood of an earlier rate hike than previously anticipated.