Employment Numbers Surge in August, on Eve of October Vote

Perhaps it's something Prime Minister Justin Trudeau can take on the campaign trail with him this fall. Our economy gained a larger-than-expected 81,100 net jobs in August, largely driven by increases in part-time work, Statistics Canada data showed on Friday in its last major release of economic statistics before a national election is triggered.

The national unemployment rate held steady, as expected, at 5.7% in August, while wages for permanent employees increased 3.8% year-over-year.

Analysts had forecast a gain of only 15,000 jobs.

StatsCan went on to say said 20,500 more people were working in educational services in August, largely in Quebec. Finance, insurance, real estate, rental and leasing was also up, rising by 22,400 in August, while the professional, scientific and technical services sector saw an increase of 16,800 jobs.

Meanwhile, the number of private-sector employees increased by 94,000 in August, while the number of public sector employees and self-employed workers held steady.

The latest jobs numbers will likely be welcomed by the Trudeau Liberals, who find themselves in a tight bid for re-election against Andrew Scheer's Conservatives.

Scheer and the Conservatives have vowed to focus the pending election campaign - which Canadian law dictates must be triggered by Sept 15 - on economic concerns, including the cost of living and affordability. Canadians head to the polls on Oct 21.

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