Canadian Payroll Employment Falls by 49,600 in August
Canada's payroll employment fell 49,600, or 0.3%, in August, following a 15,700 decline a month earlier. Employment was up 57,200 from a year earlier.
Payroll numbers confirm August was a rough month for Canada's labor market. The number of employees in the country receiving pay and benefits fell by 49,600, or 0.3%, for the month. That builds on the 15,700 drop a month prior. Still, compared with a year earlier payroll employment was up 57,200, o…