According to the federal agency, the region's labour force - the number of people working and looking for work - went up in September.
"Even so, the healthy job market, along with the rebounding housing market, further reduces the already low odds that the Bank of Canada will match recent Fed rate cuts anytime soon". The central bank has been holding its key rate steady at 1.75 per cent, despite cuts at many other central banks over the past few months amid the deteriorating and increasingly risky global outlook.
BMO chief economist Doug Porter said that despite the rock-solid growth in job numbers over the last year, the broader economy remains lacklustre with year-over-year GDP growth crawling along at 1.3 per cent. "Any cut at all is fading".
There were 900 full-time jobs added in Saskatchewan last month while 300 part-time roles were shed.
The unemployment rate fell to 5.5 per cent, just one-tenth above the four-decade low hit earlier this year, and down from 5.7 per cent in August. Its 3.3 per cent gain this year is the biggest among G10 currencies. That returned wage growth to close to July's 4.5 per cent, the fastest pace since the Great Recession.More news: Steelers QB Mason Rudolph remains in concussion protocol
Most of the 54,000 jobs created in the country came from Ontario, where employment rose by 41,000 in September, most of it in full-time jobs. Part-time jobs slipped 16,300.
Employment was down by 2,400 jobs in the forestry, fishing, mining, and oil and gas sectors.
There are 456,000 more jobs in Canada than a year ago, bringing employment up 2.4 per cent.
"But it's maybe not quite what we would want to see if we could have our ideal jobs report".
He suggested that the employment boom may be more related to Canada's population growth, fuelled primarily by relatively high levels of immigration.More news: Thomas Cook Buyers Pledge To Save Jobs 10/11/2019
The unemployment rate in western Alberta increased for the month of September.
"I think it's as much a supply story as a demand story", he said.
Amid a risk-on tone with signs of optimism in U.S. -China trade war casting uncertainty over the future.
"We're getting the jobs gains, but it's not really translating into the big gains in spending or the broader economy in terms of overall output gains", Porter said.
As was the case in August, however, the underlying numbers in the latest Statistics Canada report were positive despite the jobless rate increase.More news: Xi, Modi meet to promote China-India mutual learning for shared prosperity