Canadian economy lost 68,000 jobs in September

12-Oct-2026

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Canada lost 68,000 jobs in September, according to Statistics Canada, marking a second straight month of losses.

The unemployment rate ticked up by 0.1 percentage points to 6.5 per cent, which is where it stood at the start of 2026.

The figures bucked economists' predictions for a gain of 9,200 positions in September. It comes after another surprise last month of 42,000 job losses for August, which snapped a hot streak for the labour market.