Canada August employment report highlights
- Prior was +10.9K
- Full time -88.1K vs +35.1K prior
- Part time +110.4K vs -24.3K prior
- Unemployment 6.2% vs 6.3% prior
- Participation 65.7% vs 65.7% prior
- Avg hourly wage $27.06 vs $26.61, +1.7% m/m
The market doesn't like that full time number at first but the US dollar is such a wreck right now that it won't be enough to spark a real rebound.
That wage number isn't getting enough attention.