Daily News

View All News

Canada loses 51,600 jobs in August after two months of gains

September 07, 2018

Following two months of increases, the number of jobs in Canada fell by 51,600 in August when compared to July for a total of 18.6 million jobs, according to seasonally adjusted numbers released today by Statistics Canada. The unemployment rate rose to 6.0% from 5.8% in July.

The job losses came in part-time employment, where the number of jobs fell by 92,000. That was partially offset a gain of 40,400 full-time jobs in August. A majority of the job losses also happened in the public sector, which lost 38,000 jobs. The number of private sector employees and self-employed workers was little changed.

In August, employment decreased in professional, scientific and technical services; wholesale and retail trade; and construction. At the same time, employment was up in business, building and other support services.

The goods-producing sector lost 30,400 in August compared to July, and the services-producing sector lot 21,200 jobs.

Employment declined in Ontario and increased in Alberta and Manitoba. Employment was little changed in the other provinces. Ontario lost 80,700 part-time jobs in August with employment at full-time jobs little changed.

The unemployment rate in Ontario rate rose to 5.7% August from 5.4% in July.


Add New Comment

Post comment

NOTE: Links will not be clickable.