OTTAWA, Oct 11 (Reuters) – Canada’s economy gained a net 46,700 jobs in September, entirely in full-time work, and the jobless rate edged down to 6.5%, Statistics Canada data showed on Friday.

Employment in the goods producing sector fell by a net 3,600 jobs, largely in agriculture. The services sector was up by a net 50,200 positions, mostly in wholesale and retail trade, as well as information, culture and recreation.

Sep 2024 Aug 2024

Jobs gain/loss +46,700 +22,100

full-time +112,000 -43,600

part-time -65,300 +65,700

Unemployment rate 6.5% 6.6%

Participation 64.9% 65.1%

Labor force 22.011 mln 21.995 mln

Sep 2024 Sep 2023 % change

Avg hourly wage C$36.54 C$34.98 +4.5

NOTE: Analysts surveyed by Reuters had forecast an increase of 27,000 jobs in September, and for the unemployment rate to rise to 6.7%. Hourly wage figures are for permanent employees.

(Reporting by Dale Smith; Editing by Ismail Shakil) ((ismail.shakil@tr.com))

Keywords: CANADA ECONOMY/EMPLOYMENT