Thursday, April 18, 2024

Economy adds 246K jobs in August: Statistics Canada

First Published:

Statistics Canada says the economy added 246,000 jobs in August, which is fewer than economists had expected.

These gains were largely concentrated in full-time work.

The unemployment rate fell from 10.9 per cent in July to 10.2 per cent last month.

But economists were expecting a slightly higher gain of 275,000 jobs in August, according to financial data firm Refinitiv.

The pace of job gains slowed compared with July, which saw a gain of 419,000 jobs.

Employment also rose at a faster pace for women than men for the third straight month.

Statistics Canada reported women gained about 150,000 positions in August compared to 96,000 for men.

 

 

More Top News

‘We know our worth’: Hamilton health care workers send message to HHS

Members from a local healthcare union gathered outside of two Hamilton hospitals yesterday, calling on their employer to negotiate fairly. OPSEU Local 273 says it...

Judge to continue instructions to jury in trial of man accused of killing Toronto cop

The judge presiding over the trial of a man accused of fatally running over a Toronto police officer is set to continue her instructions...

Workers warn of dangers if six Public Health Ontario labs close

The potential closure of six laboratories across the province would be dangerous and create inequity in northern Ontario, Public Health Ontario workers said Wednesday. The...

Ontario legislature bans wearing of keffiyehs; Ford wants decision reversed

Ontario Premier Doug Ford is calling for a reversal of a ban on keffiyehs in the legislature. Ford says the decision was made by Speaker...

‘A very unpleasant increase’: Gas prices soar across GTHA

Gas prices drastically increased across the Greater Toronto-Hamilton area overnight. Gas prices are soaring across the Greater Toronto Area as suppliers switch over to their...

Hamilton city council votes in favour of LRT being privately operated

Hamilton city council's long-awaited decision on the public versus private operation of the LRT has finally been determined. After years of discussion and delay, this...

NDP leader reacts to 2024 federal budget

Still trending here in Canada is the federal budget after it was tabled by the Liberals in the House of Commons on Thursday. Prime Minister...