Somehow the job losses were in the public sector.Canada’s economy stunned widespread expectations to post a massive job loss in September and the unemployment rate edged up, data showed on Friday, effectively wiping out all the jobs gains seen this year.
The economy lost a net of 68,300 jobs in September after a loss of 41,700 positions in August, Statistics Canada said. It said the unemployment level inched up to 6.5 per cent.
While September was the first full month of employment reported after a new set of U.S. tariffs hit Canada, the job losses were not significantly higher in U.S.-facing industries. On the contrary, the biggest drop came from public-sector employees, data showed.
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