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CANADA DATA: Canada Sept Payroll Employment -57.4K MOM, Wages +5.2% YOY

CANADA DATA
  • September payroll employment -0.3% MOM or -57.4K, according to Statistics Canada's secondary jobs report published Thursday.
  • Figure is very different than Labour Force Survey's Sept +46.7K.
  • Payroll drop in September was led by retail, accommodation and food services.
  • September average weekly earnings +5.2% YOY after +4.9% rise in August.
  • StatsCan also said average weekly hours worked in September were little changed MOM and YOY at 33.5 hours. 
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  • September payroll employment -0.3% MOM or -57.4K, according to Statistics Canada's secondary jobs report published Thursday.
  • Figure is very different than Labour Force Survey's Sept +46.7K.
  • Payroll drop in September was led by retail, accommodation and food services.
  • September average weekly earnings +5.2% YOY after +4.9% rise in August.
  • StatsCan also said average weekly hours worked in September were little changed MOM and YOY at 33.5 hours.