HomeLive CommentsCanada employment grew 90.2k in Aug, unemployment rate dropped to 7.1%

Canada employment grew 90.2k in Aug, unemployment rate dropped to 7.1%

Canada Employment grew 90.2k in August, well above expectation of 67.2k. That’s the third consecutive monthly rise. Also, employment is within -0.8% of pre-pandemic level in February 2020. Job growth were concentrated in full-time work, which rose 69k. Unemployment rate dropped to 7.1%, down from 7.5%, better than expectation of 7.4%, lowest since February 2020 too.

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