CanadianInvestor
mxwarp
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1y ago
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Statistics Canada says the unemployment rate rose to 5.4 per cent in June, reaching the highest level in over a year.
https://www.bnnbloomberg.ca/statistics-canada-to-release-june-employment-numbers-today-1.1942657The country added 60,000 jobs, driven by gains in full-time work, while the unemployment rate rose to 5.4 per cent, the highest since February 2022, Statistics Canada reported Friday in Ottawa. The figures beat expectations for a gain of 20,000 positions, but missed the forecast for a jobless rate of 5.2 per cent, according to the median estimate in a Bloomberg survey.
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