Canada’s unemployment rate rose to 5.5% as job market holds steady
The Canadian labour market was virtually unchanged in July (-6K; -0.0%) with the number of people working full-time and part-time held steady.
The unemployment rate rose 0.1 percentage points to 5.5%, following increases in May and June. This is the first time the rate has increased for three consecutive months since early in the COVID-19 pandemic.
Check out the latest edition of the Canada Talent Market Monthly for details.
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