August Canadian Employment change 59.2k vs 20k exp

  • Prior -39.4k
  • Unemployment rate 7.1% vs 7.2% exp. Prior 7.2%
  • Full time employment change +17.4k vs -18.3k prior
  • Part time +41.8k vs -21.2k prior
  • Participation rate 66.6% vs 66.5% exp
  • Q2 labour productivity rate 0.5% vs 0.3% exp. Prior 0.2%

A good post from the mounties and USD/CAD is selling on the double whammy of NFP and good Canadian numbers. Down to a low of 1.0385.

Canadian jobs

Canadian jobs net