More than 60,000 jobs were created in Canada last month, topping economists’ expectations, but signs of job-market softness linger

The Wall Street JournalFriday, October 10, 2025 at 4:54:00 PM
More than 60,000 jobs were created in Canada last month, topping economists’ expectations, but signs of job-market softness linger
In a surprising turn, Canada created over 60,000 jobs last month, exceeding economists' expectations and providing a much-needed boost to a previously weak labor market. This positive development raises questions about the central bank's next moves regarding interest rates, as the strong hiring figures may lessen the urgency for further cuts. It's a significant moment for the Canadian economy, indicating resilience and potential recovery.
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