Canada employment declines in August, falls short of forecast
Hiring cooled last month. Canada employment declined by 41,700 in August versus economists’ anticipated 15,000 gain, following recent recovery amid rising Ottawa–Washington trade tensions.
Hiring in Canada eased last month, which may reflect a pause after the recent recovery or increased caution as trade tensions between Ottawa and Washington rise. Employment declined in August by 41,700, weaker than the 15,000 gain economists expected and after a cumulative inc...