Canadian Job Growth Slowed in October.

Author: External Author | | Categories: Equity Take Out Mortgage , Home Purchase Mortgage , Investment Property Mortgage , Mortgage Broker , Private Lending , Private Mortgage

 Blog by Cody Rowe - Mortgage Broker

The October Labour Force Survey, released this morning by Stats Canada, showed an employment increase of 83,600–well below the 378,000 gain in September and average monthly gains of 395,000 over the past six months (see chart below). Several provinces tightened public health restrictions last month in response to a spike in COVID-19 cases. These measures were targeted at indoor restaurants and bars, and gyms.

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Original Article Source Credits:   Dominion Lending Centres  , https://dominionlending.ca/

Article Written By:   Sherry Cooper

Original Article Posted on:  November 6, 2020

Link to Original Article:  https://dominionlending.ca/economic-insights/canadian-job-growth-slowed-in-october



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