In July, the Congressional Budget Office (CBO) projected a 10.5 percent unemployment rate in the fourth quarter while both Blue Chip and the Federal Open Market Committee (FOMC) projected unemployment rates of 9.3 percent in the fourth quarter.
Meanwhile, a racialized gap in the unemployment rate continues.
One year ago, the unemployment rate in Nova Scotia stood at 7.9 per cent.
People who identified as Arab, Black and southeast Asian Canadians had unemployment rates around 17 per cent, StatCan said, compared to 9.4 per cent of white people.The figures could fluctuate because they are based on small statistical samples.
However, more than 2 million Canadians are still unemployed.
"Family-supporting jobs in the manufacturing and agriculture sectors also made a strong comeback in August, with more than 6,000 people finding work in each of those sectors", said Mungall, in a statement. Employment for core-age women is at 95.6 per cent of pre-pandemic levels, StatsCan said, while employment among core-age men is at 96.6 per cent of its February level.
Washington police release footage of black man's fatal arrest
The identities of the officers involved in the shooting have not been released as the incident remains under investigation. The video follows the officer as he seeks the gun that Kay tossed over his head in the split second before the shooting.
Full-time jobs accounted for 13,300 of the total job gains, while part-time work accounted for 2,000 jobs - a sign of healthy recovery owing to the more stable nature of full-time work. Younger low-wage workers in hard-hit service sectors will have to find new work as part of a reshuffling of the workforce that could take years to play out.
Total employment in Saskatchewan still remains down 26,500 compared to August 2019. [National] employment is still down more than a million from February, even after the August gain.
Sudbury's economy picked up steam in August, adding 1,200 jobs, according to numbers Statistics Canada released on Friday.
The size of Alberta's labour force declined by 16,000 in August, which was a drop of 0.6 per cent from July.
Canada's unemployment rate is still up 4.5 per cent over this time past year.