With ninth-straight monthly gain, jobless rate dips to 6.2 per cent

Source: Andy Blatchford, The Canadian Press, September 8, 2017 

OTTAWA — Canada’s labour market posted its ninth-straight month of job gains in August to give the economy its longest monthly growth streak since before the financial crisis nine years ago.

Statistics Canada says last month’s increase of 22,200 jobs also helped nudge the unemployment rate down from 6.3 per cent in July to a nine-year low of 6.2.

But Friday’s data showed the August growth was fuelled by less-desirable work, as the economy gained 110,400 part-time jobs and shed 88,100 full-time positions.

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