Canada Lost 42,000 Jobs in August: StatCan
The Canadian economy shed 42,000 jobs in August, according to Statistics Canada, contrary to earlier projections by some economists. The statistics agency said on Sept. 4 that the number of government workers fell by 20,000, declining for a third consecutive month, while the number of private sector jobs remained relatively unchanged. Employment declined by 20,000 [...]
TL;DR
- Canada lost 42,000 jobs in August, contrary to economists' projections.
- Government employment fell by 20,000 jobs, marking a third consecutive monthly decline.
- Private sector jobs remained relatively unchanged.
- Employment declined in business support services, public administration, natural resources, and utilities.
- Manufacturing jobs increased by 22,000, primarily in Ontario.