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Canada employment rose 81.1k, well above expectations

Canada employment jumped 81,1k in August, well above expectation of 12.5k. The bulk of the employment increase was in Ontario and Quebec. There were also smaller gains in Manitoba, Saskatchewan and New Brunswick. Employment held steady in the other provinces. There were more people employed in finance, insurance, real estate, rental and leasing; educational services; and in professional, scientific and technical services. In contrast, employment declined in business, building and other support services. Unemployment rate was unchanged at 5.7%, matched expectations.

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