Indeed economist Sneha Puri said Canadian payrolls fell in August and September, with the three‑month average losing about 12,000 jobs per month and three‑month average employment growth turning negative; employment is still up 0.5% YoY. Puri said a sustained sharp decline is unlikely because corporate hiring demand has been broadly stable over the past year. Indeed’s job postings index was 100.8 at end‑September versus 99.2 a year earlier. She added it is reasonable to expect employment to fluc

Indeed economist Sneha Puri said Canadian payrolls fell in August and September, with the three‑month average losing about 12,000 jobs per month and three‑month average employment growth turning negative; employment is still up 0.5% YoY. Puri said a sustained sharp decline is unlikely because corporate hiring demand has been broadly stable over the past year. Indeed’s job postings index was 100.8 at end‑September versus 99.2 a year earlier. She added it is reasonable to expect employment to fluctuate around zero growth until hiring activity shows a clear recovery.