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news.futunn.com > en > post > 78/84/1337 > canada-s-employment-unexpectedly-dropped-by-over-40000-in-august

Canada's employment unexpectedly dropped by over 40,000 in August, with growth recorded only in the manufacturing sector, cooling expectations for a rate hike by the Bank of Canada.

1+ week, 2+ day ago   (732+ words) Canada's labor market unexpectedly softened in August, with employment falling by more than 40,000. The Canadian dollar subsequently came under pressure and declined, while market expectations for a Bank of Canada rate hike cooled rapidly. Data released by Statistics Canada on…...