Oct 11, 2010
| Last Updated
Employment in September fell by 6,600, the second monthly decline since the beginning of 2010. The decline, compared to the slight gain that the market anticipated, highlights that the sector’s growth will be slow going forward. Canada’s labor market bounced back strongly in early 2010 but, now, the market is reaching a sort of equilibrium, with the unemployment rate set to remain high for some time.
In fact, despite the headline decline, there were some positive trends, as full-time positions dominated job gains, wage growth continued to outpace inflation and job quality is[...]
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