Canada adds more jobs than expected in August, yearly growth soft

By Leah Schnurr

OTTAWA (Reuters) – Canada created more jobs than expected in August on increased hiring in the construction and services sectors, but the gains did not fully make up for recent declines in employment, pointing to a labor market that was struggling to gain momentum.

Canada added 26,200 jobs in August, Statistics Canada said on Friday, following two months of declines. The unemployment rate rose to 7.0 percent as more people were looking for work.

Economists were encouraged by the 52,000 gain in full-time work, but noted the report could be volatile month-to-month. Compared to a year ago, employment was up …
Go to Source