Canada’s economy lost 66k jobs (-0.3% m/m) in August, adding to 41k jobs lost in July. The job losses concentrated in part-time positions (-60k), while full-time employment was little changed. The unemployment rate rose to a new cycle high of 7.1%. The increase would have been worse were it not for 31k fewer workers in […]The post Canada’s Economy Sheds Jobs for the Second Straight Month in August, Unemployment Rate Hits New Cycle High appeared first on Action Forex.