Market news

Show news:


06.09.2019 20:56

Canada adds 81,100 new jobs in August; unemployment rate stays at 5.7 percent

Statistics Canada reported on Friday that the number of employed people surged by 81,100 m-o-m in August, while economists had forecast a gain of 15,000 and after an unrevised drop of 24,200 in the previous month.

Meanwhile, Canada's unemployment remained unchanged at 5.7 percent, in line with economists’ forecast.

According to the report, full-time employment increased by 23,800 (or +0.2 percent m-o-m) in August, while part-time jobs climbed by 57,200 (or +1.6 percent m-o-m).

In August, the number of private-sector employees surged by 94,300 (+0.8 percent m-o-m), while the number of public sector employees dropped by 2,100 (-0.1 percent m-o-m). At the same time, the number of self-employed decreased by 11,200 (-0.4 percent m-o-m) last month.

Sector-wise, there were more people employed in finance, insurance, real estate, rental and leasing (+22,400) educational services (+20,500), and in professional, scientific and technical services (+16,800). In contrast, employment declined in business, building and other support services (-22,300).

On a year-over-year basis, employment grew by 471,000 (+2.5 percent) in August, driven by gains in both full- (+306,000 or +2.0 percent) and part-time work (+165,000 or +4.8 percent).


Keep up with latest Forex market news updates: Currencies, central banks, economic indicators for oil and gold trading – all you need to work effectively on Forex.

Market focus

October 2019
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
  • 2010
  • 2009
  • 2008
  • 2007
  • 2006
  • 2005
  • 2004
  • 2003
  • 2002
Mon
Tue
Wed
Thu
Fri
Sat
Sun
21
22
23
24
25
26
27
28
29
30
31

Forex is open 24 hours a day, 5 days a week (except national holidays), and it can be broken up to the following four regional markets: Australia and Oceania, Asia, Europe, and America. A Forex trading session opens at 23:00 GMT on Sunday in Japan and closes at 22:00 GMT on Friday in the USA.

 
Session Financial Centres UTC/GMT
OpenClose
EET
OpenClose
Local Time
OpenClose
Pacific Wellington 19:00 04:00 22:00 07:00 22:00 07:00
Session Financial Centres UTC/GMT
OpenClose
EET
OpenClose
Local Time
OpenClose
Sydney 21:00 06:00 00:00 09:00 00:00 09:00
Session Financial Centres UTC/GMT
OpenClose
EET
OpenClose
Local Time
OpenClose
Asian Tokyo 23:00 08:00 02:00 11:00 02:00 11:00
Session Financial Centres UTC/GMT
OpenClose
EET
OpenClose
Local Time
OpenClose
Hong Kong, Singapore 00:00 09:00 03:00 12:00 03:00 12:00
Session Financial Centres UTC/GMT
OpenClose
EET
OpenClose
Local Time
OpenClose
European Frankfurt, Zurich, Paris 06:00 15:00 09:00 18:00 9:00 18:00
Session Financial Centres UTC/GMT
OpenClose
EET
OpenClose
Local Time
OpenCloseе
London 07:00 16:00 10:00 19:00 10:00 19:00
Session Financial Centres UTC/GMT
OpenClose
EET
OpenClose
Local Time
OpenClose
American New York 12:00 21:00 15:00 00:00 15:00 00:00
Session Financial Centres UTC/GMT
OpenClose
EET
OpenClose
Local Time
OpenClose
Chicago 13:00 22:00 16:00 01:00 16:00 01:00