Macklem says Canada’s jobs market is ‘soft’ despite September gain in positions
Bank of Canada governor Tiff Macklem said he sees the Canadian labour market as “soft” despite recent data that showed the country added 60,400 jobs in September.
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In a callback to media from Washington, where he was attending meetings of the International Monetary Fund and World Bank, Macklem noted the employment gain last month only partially reversed a job loss of more than 100,000 positions the previous two months, and called the data “volatile.”
