The Canadian economy added more jobs than expected but the unemployment rate held steady as more people entered the workforce.
Employment rose by 60,400 positions in September, driven by increases in full-time work. The jobless rate was unchanged at 7.1%, Statistics Canada data showed Friday. The job gains surpassed even the most optimistic projection in a Bloomberg survey of economists — the median forecast was for 5,000 jobs to be created.
The manufacturing sector added 27,800 employees, and agriculture, health care and other services all added workers. The employment rate — the proportion of the working-age population that’s employed — ...