Jobless rate unchanged
OTTAWA—Canada’s economy hammered out 34,300 new jobs last month—a figure that topped expectations but one that was coolly received by economists surveying the cross-currents beneath the headline number.
All the gains in the August jobs report from Statistics Canada were part-time jobs.
And the unemployment rate remained unchanged at 7.3 percent as the labour force grew in step with the employment gains.
Bank of Montreal economist Doug Porter called the overall report “underwhelming.”