VIDEO: Canada adds 34,300 jobs in August

While the August jobs report in the US fell below expectations, Canada’s beat expectations. The Canadian economy added a net total of 34,300 jobs for the month of august, beating estimates of 10,000 according to the AP.The number is deceptive though, as the same source reports that only part-time jobs were added to the economy. 46,700 part-time jobs were added, while 12,500 full-time positions were lost. Even with these non-full-time gains, the Canadian unemployment rate remained at 7.3%.Interestingly, The AP also reports that a majority of the job losses from July and gains from August occurred in the Quebec region of the nation.

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