Robust job gain brings Canada closer to pre-pandemic levels

Posted by Jessy Bains, ca.finance.yahoo.com

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Canada’s job market added 90,000 positions in August, for the third consecutive monthly gain.

Statistics Canada says the unemployment rate fell 0.4 percentage points to 7.1 per cent, the lowest since the pandemic began.

The job gains were stronger than expected and reflect further reopening across the county to varying degrees. Indoor dining, personal care, entertainment, and recreation were back with capacity limits. Fully vaccinated Americans were also allowed back to Canada for non-essential trips without having to quarantine…read more.