September 2024 Canada Talent Market Monthly

The Canadian labour market added 22K jobs, but the unemployment rate rose.

The Canadian labour market was little changed for the 4th consecutive month with an increase of 22K jobs in August. Gains in part-time work (+66K; +1.8%) were largely offset by losses in full-time work (-44K; -0.3%).

The unemployment rate rose 0.2 percentage points to 6.6%. Outside of the pandemic in 2020 and 2021, the rate was the highest since May 2017 and has generally trended up since April 2023, rising 1.5% over the period.

Check out the latest edition of the Canada Talent Market Monthly for details.