Canada unemployment rate steady at 6.4% in August
Statistics Canada reported Canada’s unemployment rate held at 6.4% in August. The economy lost a net 41,700 jobs last month, despite expectations for employment to increase by about 15,000.
By Robb M.
StewartOTTAWA--Unemployment in Canada held steady in August despite an unexpected drop in employment.Statistics Canada reported Friday that Canada's economy lost a net 41,700 jobs last month.
Market expectations were for employment to increase by about 15,000, after the country added 75…