Economy sheds 42,000 jobs, unemployment rate steady in August: StatCan:
Statistics Canada says the economy lost 42,000 jobs in August but the unemployment rate ...
bnnbloomberg.ca/business/economics/2026/09/04/statistics-canada-to-release-labour-force-survey-for-august-today/
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Economists See August Job Loss as No Alarm SignalStatistics Canada reported 42,000 fewer jobs in August, while the unemployment rate remained at 6.4 per cent.
Key FactsSep 4, 2026 · Reading time: ~45 sec.
Summary created with AI assistance · Source: bnnbloomberg.ca
Summary created with AI assistance · Source: bnnbloomberg.ca
- The 42,000-job decline fell short of economists’ expectation of a 15,000 increase after 181,000 positions were added from April through July.
- Public-sector employment fell by 20,000 for a third consecutive month, while manufacturing unexpectedly gained 22,000 positions.
- CIBC economist Andrew Grantham said mid-month surveys might not capture the tariff shock from U.S. duties imposed August 22.
- Annual wage growth slowed to 2 per cent in August from 2.8 per cent in July and 3.3 per cent in June.
It’s still far too early to sound any alarm bells, but it does seem to be consistent with that slowing trend that we’ve been seeing in some of the other reports.— Andrew Grantham, Senior Economist at CIBC, said in an interview about the August jobs data and its implications for growth and policy.
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Canada's principal government institution in charge of statistics and census data
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Canada lost 42,000 jobs in August, surprising economists: Canada lost 42,000 jobs in August, Statistics Canada said Friday, contrary to economists' ...
cbc.ca/news/business/canada-jobs-9.7332226
Economy sheds 42,000 jobs, unemployment rate steady in August: StatCan: The previously hot labour market stalled out to end the summer with a loss of 42 ...
ctvnews.ca/business/article/statistics-canada-to-release-labour-force-survey-for-august-today/
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Summary created with AI assistance · Source: bnnbloomberg.ca
Summary created with AI assistance · Source: bnnbloomberg.ca
- Canada lost a net 68,300 jobs in September, while unemployment rose from 6.4% to 6.5%.
- The largest losses occurred in the public sector, especially healthcare, social assistance and education; the government cut permits for international students.
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Key FactsTomato Price Surge Drives Rising Inflation
Jun 23, 2026 · Reading time: ~45 sec.
Summary created with AI assistance · Source: bnnbloomberg.ca
Summary created with AI assistance · Source: bnnbloomberg.ca
- Inflation climbed to 3.2% in May, marking the highest level in over two years.
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Mar 6, 2026 · Reading time: ~45 sec.
Summary created with AI assistance · Source: cnn.com
Summary created with AI assistance · Source: cnn.com
- The US economy unexpectedly shed 92,000 jobs in February, with the healthcare sector hit hardest due to a significant strike.
- Unemployment edged up from 4.3% to 4.4%, while sectors like leisure and construction also experienced job declines.
- Weather disruptions and the strike affected employment figures, though the count of part-time workers seeking full-time roles fell.
- Wage growth exceeded predictions, rising 0.4% monthly and 3.8% annually, maintaining a pace above inflation.
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