HomeBlogUncategorizedCanada September employment +60.4K vs +5.0K expected

Canada September employment +60.4K vs +5.0K expected

Prior was -65.5KUnemployment rate 7.1% vs 7.2% expected (prior 7.1%)Participation rate 65.2% vs 65.1% priorFull time +106.1K vs -6.0K priorPart time -45.6K vs -59.7K priorHourly wages for permanent employees +3.6% vs +3.6% prior

This is a nice rebound after two negative readings in a row. USD/CAD quickly fell to 1.3985 from 1.4015 before the data. Yesterday, it touched the highest since May.

This article was written by Adam Button at investinglive.com.


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