Stellar August Sees Canadian Economy Add More than 81,000 Jobs

81,100 jobs were created in a strong August, consolidating the unemployment rate at 5.7 per cent.

Quebec was the stellar performer on the provincial front, with its unemployment rate dropping to 4.7 per cent.
The French-speaking province now has the lowest unemployment rate of all Canada’s provinces, having jumped British Columbia into the top spot.
Demographically, employment among young people aged 15 to 24 saw the sharpest rise in August, increasing by 42,000. Youth employment has risen by 75,000 jobs in the last year, a rise of 3 per cent.
There were also employment gains for the 55 and over age bracket, which added 22,000 jobs in August for a 12-month consolidated rise of 195,000, or 4.9 per cent.
Meanwhile, the core-aged population of 25 to 54-year-olds saw little change in August, with unemployment holding steady at 4.7 per cent.

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