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Hamilton’s economy added over 10,000 jobs in August: Statistics Canada

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COVID-19 pandemic.Statistics Canada’s (StatCan) latest data shows the jobless rate fell to 10 per cent in August compared to 11.3 per cent in June.The region’s numbers surged during the coronavirus pandemic from 4.9 per cent in February to 12.1 per cent at the end of June.The agency says 10,800 jobs were added to the region in August, however, the city is still down 27,700 jobs compared to August of 2019.

Canada adds 246K new jobs in August, unemployment rate falls amid coronavirus President and CEO of the Hamilton Chamber of Commerce Keanin Loomis says the number shows “cautious optimism” for the regional economy.“The wage subsidies and other programs from the government has helped tremendously.

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