NEWS
09/05/2014 08:51 EDT | Updated 11/05/2014 05:59 EST

Canada loses 11,000 jobs in August

The Canadian economy shed 11,000 jobs in August but the unemployment rate stayed the same at seven per cent, Statistics Canada reported Friday.

The data agency said fewer youths and women in their core working years had jobs, but employment increased among men in their core working years — 25 to 54.

Over all classes of workers, however, there was a decrease in both full-time and part-time work.

A large drop of 111,000 private-sector workers was partially offset by a jump of 87,000 in the ranks of the self-employed.

More to come