According to Jin10, Canada Royal Bank economist Claire Fan said the market should not overread Canada's latest employment data because it is highly volatile. She said Canada's September employment fell sharply, with about 70% of the decline coming from people aged 15 to 24, and that the start of the new school year usually brings seasonal job pressure for that age group, so the drop does not necessarily mean the labor market is deteriorating across the board. Fan also said key leading indicators show that since the United States imposed its latest tariffs, Canadian companies' hiring demand has not fallen to a worrying level. She expects the improvement in Canada's labor market seen earlier this year to continue, with the unemployment rate generally trending lower for the rest of 2026.