Canada's payroll employment dips in September as job vacancies show first increase since January 2024

Canada's labour market shifted in September, with payroll employment falling by 58,000, reversing gains made over the summer months. The decline affected 11 of 20 sectors, with educational services and manufacturing among the most brutally hit. However, a silver lining emerged: job vacancies climbed to 486,000—the first monthly increase in nearly 9 months. Despite this uptick, job vacancies remain down almost 10% compared to last year. Average weekly earnings continued their upward trajectory, rising to $1,317, reflecting a 3.1% annual increase that outpaced recent months' gains.#canada_labour_market, #payroll_employment, #job_vacancies, #average_weekly_earnings, #statistics_canada, #employment_trends