Payroll Employment and Job Vacancies in September 2024

In September 2024, payroll employment in Canada decreased by 57,400 jobs, representing a 0.3% decline from the previous month. This follows a period of little change in August and an increase of 39,500 jobs in July. Year-over-year, payroll employment saw an increase of 94,900 jobs, or 0.5%.

Job vacancies in September rose to 528,200, following a stable period in August and three consecutive monthly declines from May to July.

The decline in payroll employment was observed across nine sectors. The retail trade sector experienced the largest decrease with a loss of 13,200 jobs, equivalent to a 0.7% decline. Other sectors with notable decreases include accommodation and food services (-9,100 jobs, -0.7%), other services excluding public administration (-7,600 jobs, -1.3%), professional, scientific and technical services (-5,700 jobs, -0.5%), and construction (-5,600 jobs, -0.5%).

Average weekly earnings in Canada for September 2024 were reported at $1,280.28, marking a 5.2% increase from the same month in the previous year.