Statistics Canada to share August job data after July employment spike – National

Statistics Canada to share August job data after July employment spike – National

Statistics Canada will say Friday morning how the country’s labour market fared in August, one month after posting a gain in July.

CIBC senior economist Royce Mendes says there seems to be room for employment growth in high-contact services that saw gains in July.

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Canadian economy added 94K jobs in July as COVID-19 restrictions eased

He says in a note that he expects a gain of 50,000 jobs in August.

The agency last month said the country added 94,000 jobs in July as public health restrictions linked to the COVID-19 pandemic continued to be lifted.


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July’s jobs bump dropped the national unemployment rate to 7.5 per cent from 7.8 per cent in June, reaching its lowest level since this past March.

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Overall, the country in July was 246,400 jobs, or 1.3 per cent, shy of pre-pandemic employment levels seen in February 2020.




© 2021 The Canadian Press




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