Statistics Canada says the unemployment rate held steady at 5.5 per cent in August as the economy added 40,000 jobs.
Today’s report ends a three-month streak of increases in the jobless rate.
In Newfoundland and Labrador, there was a slight increase in unemployment to 8.9 per cent from 8.7. Similarly, the rate in metro rose to 6.1 per cent from 5.9. The jobless rate in the Halifax region stands at 7.1.
The federal agency says Canada’s strong pace of population growth means higher job gains are needed every month to keep the unemployment rate in check.
