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Canadian employment fell by 68.3k in September, and the unemployment rate rose to 6.5%.
The decline in employment was driven entirely by a significant drop in public-sector employment.
The Canadian North Peso broke below $0.70 this morning after Canada lost 68,300 jobs. It is not just above $0.70; it is barely holding on.
Source: Marc Nixon (X)
Canada lost 110,000 jobs in two months
August: -41,700
September: -68,300
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Gnosly Live Signals | AI is getting cheaper
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Gnosly Live Signals - China is seeing a historic boom in exports due to AI.
China outsmarts the world - Source The Kobeissi Letter
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