(RTTNews) – Canadian stocks are sharply lower in negative territory on Friday, as stronger-than-expected employment data from Canada and the United States fueled concerns about more aggressive monetary policy from central banks this year. Healthcare stocks are the biggest losers. Stocks in technology, materials, consumer goods, industrials and financials also fell sharply. Energy stocks are bucking the trend and following the rise in crude oil. The benchmark SandP / TSX Composite is down 278.51 points, or 1. 7%, at 18,700.50 a few minutes after midday. , Statistics Canada data showed the Canadian economy added 21,100 jobs in September 2022, slightly more than expected, representing an increase of 20,000 jobs and the first employment increase since May. Canada’s unemployment rate fell to 5.2% in September from 5. % the previous month. , Data from the US Labor Department showed that nonfarm payrolls rose by 263,000 jobs in September, following an unrevised increase of 315,000 jobs in August and 537,000 jobs in July. Economists had expected employment to increase by 250,000 jobs. The Labor Department also reported that the unemployment rate fell to 3.5 percent in September from 3.7 percent in August, while economists expected the unemployment rate to remain unchanged. Health Care Capita Index decreases almost 10%. Canopy Growth Corp (WEED.TO) is down 19.7%, Tilray Inc (TLRY.TO) is down 17.5% and Cronos Group (CRON.TO) is down 11.2%. Bausch Health Companies (BHC.TO) is down 8%, while Bellus Health Inc (BLU.TO) is down about 2.5%. Lithium Americas Corp (LAC.TO) is down more than 10%. Richelieu Hardware ( RCH.TO ), Shopify Inc ( SHOP.TO ) and FirstService Service Corporation ( FSV.TO ) are down between 7.2% and 8.6%. MTY Food Group (MTY.TO) is down nearly 6%. The company on Friday reported third-quarter net income attributable to owners of C$22. million, or C$0.92 per share, compared with C$2 .3 million, or C$0.98 per share, last year BRP Inc (DOO.TO), TFI International (TFII.TO), Colliers International (CIGI.TO), Franco-Nevada Corporation (FNV.TO), Kinaxis Inc (KXS.TO), Fairfax Financial Holdings (FFH.TO ) ) ) ), Waste Connections ( WCN.TO ) and Canadian National Railway ( CNR.TO ) are down between 2 percent and percent. Enerplus Corporation (ERF.TO), Atco Inc (ACO.Y.TO), Canadian Natural Resources (CNQ.TO), Loblaw Companies (L.TO), Tourmaline Oil Corp (TOU.TO), Methanex Corp (MX. TO) and TC Energy Corporation (TRP.TO) rose 1.3-3%.