Public sector adds 57,000 positions
Canada's economy added a higher-than-expected 26,200 jobs in August and the jobless rate rose to seven per cent, as more people entered the labour force, data from Statistics Canada showed on Friday.
The public sector increased by 57,000 positions due to an increase in public administration, while the private sector gained a minor 8,300 jobs.
The unemployment rate rose to seven percent in August from 6.9 per cent in the previous month.
August 2016 July 2016
Jobs gain/loss +26,200 -31,200
full-time +52,200 -71,400
part-time -26,000 +40,200
Unemployment rate 7.0 pct 6.9 pct
Participation 65.5 pct 65.4 pct
Labor force 19.410 mln 19.368 mln
August 2016 August 2015 Pct change
Avg hourly wage C$26.61 C$26.19 +1.6
Analysts surveyed by Reuters had expected the economy to gain 15,000 jobs in August and for the unemployment rate to remain at 6.9 per cent.
