Market News / Story
Canada's unemployment rate rises to 6.5% in September
Seeking Alpha ·
Seeking Alpha reports: Canada’s unemployment rate rose to 6.5% in September from 6.4% in August, meeting estimates. The employment fell by 68,000, marking a second consecutive monthly decline and signaling renewed weakness in the labor market. The employment rate fell 0.2 percentage point to 60.6%, while the labor force participation rate declined by 0.2 percentage point to 64.8%. Content provided by Seeking Alpha is intended for information purposes only, and that Seeking Alpha does not…
Related stories
Canada Labour Force Survey, September 2026Read story summary
Employment declined by 68,000 (-0.3%) in September and the employment rate fell 0.2 percentage points to 60.6%. The unemployment rate increased 0.1 percentage points to 6.5%. The employment decline was concentrated among youth aged 15 to 24 (-48,000; -1.8%) as well as women aged 25 to 54 (-28,000; -0.4%). There were fewer people working in educational ...
VIEW SOURCE
ECB’s September minutes reveal full support for 25bp rate hikeRead story summary
By the time the ECB met in September, a 25bp rate hike had already come to be seen as the most likely outcome. The just-released minutes of that meeting show that the ECB’s Governing Council was united in its view that a worsening inflation outlook and economic resilience called for a hike. The minutes, however, give a less hawkish picture than ECB ...
VIEW SOURCE