Labour Force Survey shows overall increase of 47,000
Gains were strongest in Ontario and Quebec.
Canada’s latest Labour Force Survey for September reports an overall employment increase of 47,000 (+0.2%). Employment increased in sectors such as information, culture, and recreation (+22,000; +2.6%) and wholesale and retail trade (+22,000; +0.8%), but there was no specific mention of growth in construction or industrial jobs.
Employment in professional, scientific, and technical services also grew by 21,000 (+1.1%) in September, offsetting a prior decline in August.
Employment gains were strongest in Ontario (+43,000; +0.5%) and Quebec (+22,000; +0.5%), regions. Employment did decline in British Columbia (-18,000; -0.6%) and New Brunswick (-4,100; -1.0%).
Wage Growth and Full-Time Employment Up
Average hourly wages for all employees rose 4.6% year-over-year to $35.59 in September, a positive indicator for workers. Full-time employment saw a robust increase of 112,000 jobs (+0.7%), the largest gain since May 2022. However, part-time work fell by 65,000 (-1.7%).
Broader Labour Market Trends
The unemployment rate edged down to 6.5% in September, driven by lower unemployment among youth, which fell 1.0 percentage points to 13.5%. Despite the slight decline, the overall youth unemployment rate was still up 2.8 percentage points compared to September 2023.
Private sector employment continued to rise, increasing by 61,000 (+0.5%), while public sector employment fell by 24,000 (-0.5%).