Canada Loses 68,000 Jobs in September as Declines Deepen

• Canada’s economy shed 68,000 jobs in September, marking a second straight month of unexpected declines.
• The back-to-back losses surprised economists who had expected hiring to hold steady or edge higher.
• The weak labour market adds pressure on the Bank of Canada as it weighs future interest rate decisions.
• Businesses across several sectors have been pulling back on hiring amid uncertainty.
• The latest figures suggest the economy is losing momentum heading into the final months of the year.

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