Canada employment grew 39.9 in Aug, unemployment rate steady at 5.5%

<p>Canada employment grew 39.9k in August, well above expectation of 20.0k. Unemployment rate was unchanged at 5.5%, below expectation of 5.6%, stabilized after three consecutive monthly increases. Employment rate fell -0.1% to 61.9%. Average hourly wages rose 4.9% yoy, down from July’s 5.0% yoy. Total hours worked rose 0.5% mom, 2.6% yoy. Full Canada employment […]</p>
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