Economics

Canada’s Job Market Produces Another Surprise Gain; Loonie Jumps

  • Economy adds 53,700 jobs in September; wages accelerate
  • Employment gains year-to-date are the most since 2002
What the Canadian Jobs Report Means for Currencies
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Canada posted another surprisingly strong month of job gains in a labor market that is on track for one of its best years on record.

The economy added 53,700 jobs last month, Statistics Canada saidBloomberg Terminal Friday in Ottawa, following a gain of 81,100 in August. Canada has now added 358,100 since December, the most in the first nine months of a year since 2002.