
Canada’s economy lost 42k jobs in August (-0.2% m/m), well below consensus expectations for a 15k gain. The decline was concentrated in full-time work, which fell by 36k, while private-sector employment decreased by 23k. The unemployment rate was unchanged at 6.4% (in line with consensus), holding at its lowest level since 2024 after three consecutive […]
The post Canada’s Unemployment Rate Holds Steady, Despite August Job Losses appeared first on ActionForex.