Friday's report, released just ahead of the Labour Day long weekend, marked the fourth consecutive month of gains after jobless claims spiked during lockdowns in March and April. That brings the overall employment number to within 1.1 million of pre-pandemic levels.
"These numbers this month, again, prove, one more time, workers are prepared to go back to work provided there is work for them to go back to." The rebound suggests federal aid hasn't acted as a disincentive for people to look for work, he said, and may not going forward with a suite of changes being proposed.
The unemployment rate fell to 10.2 per cent in August compared with 10.9 per cent in July. Statistics Canada said the unemployment rate in August would have been 13 per cent had it included in calculations people who wanted a job, but didn't look for work.
Finance Finance Latest News, Finance Finance Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: HuffPostCanada - 🏆 61. / 53 Read more »