Skip to main content
See every side of every news story
Published loading...Updated

Canada Adds 26,700 Jobs, Unemployment Rate Rises to 6.2%

  • Canada's unemployment rate rose to 6.2% in May, with a slight increase due to limited job opportunities for jobseekers.
  • Statistics Canada's survey revealed only 27,000 jobs were added last month, insufficient to prevent the unemployment rate from climbing.
  • The report highlighted that job gains were in part-time roles in Ontario, causing the expected increase in the unemployment rate to 6.2%.
Insights by Ground AI

27 Articles

castanet.netcastanet.net
+7 Reposted by 7 other sources
Center

Canada’s unemployment rate rises to 6.2% in May, economy adds 27,000 jobs

Canada’s unemployment rate ticked up to 6.2 per cent in May as the job market continued to show signs of weakness. Statistics Canada’s latest labour force survey showed the economy added 27,000 jobs last month – too modest of a gain to keep the unemployment rate from rising by a te...

·Kelowna, Canada
Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 75% of the sources lean Left
75% Left

Factuality 

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

BNN Bloomberg broke the news in Canada on Friday, June 7, 2024.
Sources are mostly out of (0)
News
For You
Search
BlindspotLocal