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Canada: Focus on employment – TD Securities

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Canada: Focus on employment – TD Securities

According to analysts at TD Securities, Canada’s ADP Employment for August will be looked to for verification of the robust gains reported in the Labour Force Survey when released at 8:30 ET.

Key Quotes

We would note that ADP job growth for July was far stronger than LFS estimates which suggest we could see ADP figures underperform the 92k increase in public & private sector employment for August.”

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