LoginIn the United States, the government shutdown has prevented official employment figures for the month of September from being released. However, the ADP Employment Report??for the month showed a gain of 166,000 jobs in the private sector, according to USA Today. Those figures were below estimates from economists, who expected the month to see 180,000 added positions??in the sector. The payroll processing company also updated its employment figures from the month of August, removing 17,000 positions??from initial estimates for a new figure of 159,000.
Most of the growth in the country was from small business, which added 74,000 jobs in the month. Large companies grew by 64,000 employees while midsize companies tacked on 28,000 workers.
During the same period, Canada saw its unemployment rate fall??below 7 percent for the first time in nearly five years, according to the Wall Street Journal. The country saw 11,900 jobs added to its payrolls in the month of September, though the drop??in employment was largely due to more than 25,000 young Canadians removing themselves from??the labor force.
Mexico saw its unemployment rate rise for the third straight month in August, though economists were expecting it to grow further than it did, according to RTT News. The country’s unemployment rate rose by .05 percent in August to 5.17 percent, up about a quarter of a point from May. However, predictions had placed expected rates for August at 5.3 percent.