Canada gains more jobs than expected in August, wage growth accelerates
Canada's economy added almost three times the number of jobs expected in August and wage growth accelerated, data showed on Friday, a sign of underlying strength despite high interest rates. Canada created 39,900 jobs, Statistics Canada said, compared with a median forecast for a gain of 15,000. The unemployment rate remained at 5.5%. Full-time positions grew by 32,200 while part-time jobs posted a more modest gain of 7,800.
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