Posted AT 9:57 AM EST on 07/09/07
Canadian wages swell as jobless rate matches 33-year low
Canadian employers boosted wages and created a greater-than-expected 23,300 jobs in August as the construction and education sectors added to payrolls.
The jobless rate held steady at 6 per cent, matching a 33-year low as more people looked for work, Statistics Canada said Friday.
A tight labour market caused wages to heat up. Average hourly wages rose the fastest in six years.
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