Canada: Following two months of increases, employment fell by 52,000 in August

"Following two months of increases, employment fell by 52,000 in August. Part-time employment declined by 92,000 while full-time employment edged up," Statistics Canada reported on Friday.

Key quotes

  • At the same time, the unemployment rate increased 0.2 percentage points to 6.0%.
  • On a year-over-year basis, employment grew by 172,000 or 0.9%.
    • Full-time employment increased (+326,000 or +2.2%), while the number of people working part-time declined (-154,000 or -4.3%).
  • Over the same period, total hours worked were up 1.6%.

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"Total nonfarm payroll employment increased by 201,000 in August, and the unemployment rate was unchanged at 3.9 percent ," the U.S. Bureau of Labor S
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