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flag Canada's September jobs report shows a modest gain, with unemployment rising to 7.2% ahead of a key rate decision.

flag Statistics Canada is set to release September employment data on October 10, 2025, with economists forecasting a modest 5,000-job gain after a sharp 66,000-job loss in August. flag Some analysts predict a potential loss of 35,000 jobs, but caution against overinterpreting headlines due to slowing population growth. flag The unemployment rate is expected to rise to 7.2%, reflecting ongoing weak economic conditions. flag The data will be the final major labor market update before the Bank of Canada’s October 29 rate decision, following a recent quarter-point cut to 2.5%.

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