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 [...]
Canada’s economy lost 42,000 jobs in August, defying earlier economic forecasts. Government employment saw a significant decrease for the third consecutive month, while the private sector remained largely unchanged. Notable declines occurred in support services, public administration, natural resources, and utilities, though manufacturing jobs saw a slight increase.
- 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.
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