Unemployment dips as 246,000 jobs added in August: StatCan

  • 📰 CTVNationalNews
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 51%

Finance Finance Headlines News

Finance Finance Latest News,Finance Finance Headlines

Unemployment dips as 246,000 jobs are added in August, according to StatCan_eng. Jobless rates last month by province:

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 82. in FİNANCE

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.

Economy Added 246K Jobs In August As Canadians Headed Back To WorkGovernment benefits don't seem to be stopping people from going back to work. How many of those were teachers? Anecdotal evidence would suggest the opposite. Waitress at local restaurant now getting full time hours (😁) due to other staff not coming back (Wpg) restaurant in S W MB closing two days a week so (under) staffed people can get some time off. Just my experiences. JustinTrudeau And, just FYI “returned to” is not the same as “added” 😡🇨🇦
Source: HuffPostCanada - 🏆 61. / 53 Read more »