Economy posts no job growth for September, unemployment rate down

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Construction workers get back on the job at the site for the CHUM superhospital in Montreal on July 2, 2013. The Canadian economy created almost 12,000 net new jobs in September as fewer young people looking for work also helped slightly reduce the unemployment rate, Statistics Canada said Friday. The unemployment rate was 6.9 per cent for the month, down 0.2 percentage points. THE CANADIAN PRESS/Ryan Remiorz

Statistics Canada says the Canadian economy created no net new jobs for September while the unemployment rate slipped with fewer young people looking for work.

The unemployment rate was 6.9 per cent for the month, down 0.2 percentage points. It was the first time since December 2008 that it was below seven per cent.

The results came as the number of jobs was up in New Brunswick and down in Saskatchewan.

The number of private sector employees were up, but that was offset by a drop in the number of self-employed.

Industries that saw gains included natural resources, agriculture, finance, insurance, real estate and leasing.

There were fewer jobs in manufacturing and public administration.

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