Canada Employment Change

The Canadian economy created 90.2 thousand jobs in August of 2021, missing market expectations of a 100 thousand rise but pointing to the third consecutive month of expansion in the workforce. Combined with the gains seen in June and July, total employment was just 156,000 away from its February 2020 level. Job creation was concentrated in full-time work (+68,500), mostly in the service sector, while part-time jobs rose less expressively (+21,700); with accommodation and food services leading the gains (+134,600), followed by information, culture, and recreation (+23,900), construction (+20,200), and wholesale and retail trade (+16,900). Employment in the private sector rose solidly (+77,000) and stood 0.9% below its pre-pandemic level, whilst the public sector rebounded to its June numbers (+33,000). In contrast, self-employment was virtually unchanged over a month earlier.