The growth in the job market comes amid the highest rate of population growth since 1957, Statistics Canada reported on Friday.
Canada added 64,000 jobs in September, Statistics Canada reported on Friday, while the unemployment rate remaining steady at 5.5 per cent.
The increase was more than triple what was expected. Analysts polled by Reuters had forecast a gain of 20,000 jobs, and for the unemployment rate to edge up to 5.6 per cent from 5.5 per cent in August. The jobs report comes at a crucial time for markets as investors look for signs of cooling economic data amid concerns of higher for longer rates.Canada's economy added a net 63,800 jobs in September, more than tripling expectations, while the jobless rate stayed at 5.5%, Statistics Canada data showed on Friday. Analysts polled by Reuters had forecast a net gain of 20,000 jobs and for the unemployment rate to edge up to 5.6% from 5.5% in August.
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