Surge in part-time work offsets full-time losses, helps drop unemployment rate
A rush of new part-time jobs offset a drop in full-time work last month to help Canada post a net gain of 54,100 positions and drop the national unemployment rate down to a four-decade low.
Statistics Canada's latest labour force survey says the July jobless rate was 5.8 per cent, down from six per cent the previous month.
The report says the country added 82,000 less desirable, part-time positions last month, and lost 28,000 full-time jobs.
Meanwhile, New Brunswick saw a total loss of 3,400 full-time positions and a net gain of 1,600 part-time positions.
The unemployment rate remained unchanged.
~ With files from The Canadian Press.