Canada's economy shed 68,300 jobs in September, far below the expected gain of 9,200, as the ongoing trade war with the US continues to weigh on growth. The unemployment rate rose to 6.5%, erasing employment gains made earlier in 2026. Job losses were concentrated in the public sector, services, and among youth and women, with Quebec experiencing the largest provincial decline. Despite job losses, average hourly wages increased by 2.3% year over year in September. This downturn signals ongoing economic challenges ahead for Canada.
Canada's economy lost 68,300 jobs in September, a sharp downturn amid trade tensions. For readers following Industrials-sector US stocks on Pluang, here is the market snapshot as of Oct 09, 2026 21:51 WIB: out of 113 stocks, 66 rose and 47 fell. Notable movers include Delta Air Lines (DAL) at USD 80.17 with a 1-day change of -2.39% and 76% buy order activity, Ryanair Holdings (RYAAY) at USD 52.82 down 2.26%, and Redwire Corporation (RDW) at USD 9.54 down 2.25% with 100% buy order activity.
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