Employment held steady in September, following three consecutive months of decline. The labour force participation rate continued to trend downwards, falling by 0.1 per cent on the previous month. Fewer people searching for work pulled the unemployment rate down to 5.2 per cent. Today’s Labour Force Survey release caps off a sluggish third quarter in which the labour market made scant progress in terms of employment growth.
Among goods-producing industries, there were significant job losses in manufacturing. These losses were partially offset by gains in utilities and the forestry, fishing, mining, quarrying, oil and gas sectors. In the […]
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