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Reuters

Canada posts massive jobs gain; employment back to pre-pandemic levels

OTTAWA (Reuters) -The Canadian economy posted a monster jobs gain in September, pushing employment back to its pre-pandemic levels, and the jobless rate hit an 18-month low, Statistics Canada data indicated on Friday. Analysts said the figures showed the recovery from the COVID-19 pandemic was gaining pace but predicted the Bank of Canada would want to see sustained evidence of strength before adopting a more aggressive stance on the timing of interest rate hikes. Statistics Canada reported a net gain of 157,100 new jobs, all of them in full-time employment.

Nobel Peace Prize goes to journalists Maria Ressa, Dmitry Muratov for work on freedom of expression

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