40,000 new jobs added in August: StatsCan

September 8, 2023

While the unemployment rate remained steady last month, there was good news in job numbers as 40,000 new positions were created, according to the latest labour force survey by Statistics Canada.

But while those figures were positive, they were tempered by a population growth of 103,000 persons.

Employment increased by 174,000, which is around 25,000 on average per month since January, representing a growth rate of 0.9%, while the overall population growth has averaged 81,000 per month since the beginning of the year.

Source: HR Reporter