Canada’s August jobs numbers surprise economists: Here’s what they’re saying ...Middle East

Breadcrumb Trail Links News Economy Economy adds 39,900 positions, double expectations Published Sep 08, 2023  •  5 minute read A stronger labour market means stronger demand, which the Bank of Canada is trying to cool. Photo by OLIVIER DOULIERY/AFP via Getty Images Article content Canada’s jobs numbers for August surprised economists — again. The economy added 39,900 positions last month, as the unemployment rate held at 5.5 per cent. Jobs increases almost doubled analyst estimates for a net gain of 20,000, according to Bloomberg. Article content “The job market is keeping everyone guessing,” James Orlando, director and senior economist at TD Economics, sai

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