Canada's economy unexpectedly shed a net 2,800 jobs in July, as gains in full-time work were offset by part-time job losses, while the unemployment rate remained at 30-month high of 6.4%, data showed on Friday.

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Canada unexpectedly sheds 2,800 jobs in July; jobless rate stays at 6.4%

Media Bias/Fact Check

Bell Media

Canada's economy shed 2,800 jobs in July while the unemployment rate was unchanged at 6.4 per cent, Statistics Canada said on Friday.

Ad Fontes Media

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CBC News

Government of Canada

Unemployment rate unchanged in July, though jobless rate for young people continued to rise

Reuters

The Woodbridge Company

United Kingdom

Two rate cuts into an easing cycle, the Bank of Canada says it's watching for signs of easing in wage growth as it looks for confidence inflation is heading back to two per cent.

Global News

Corus Entertainment

Toronto

Ontario

Unemployment rate holds at 6.4% in July as jobs market ‘little changed’

(Bloomberg) — Canada unexpectedly shed jobs for a second straight month and the unemployment rate held at the highest level in more than two years, keeping the Bank of Canada on track to further cut interest rates.

Financial Post

Leon Cooperman

Allianz

Job Growth Stalls in Canada; Unemployment Rate Holds at 6.4%

Students are facing a particularly challenging summer job market while recent immigrants are disproportionately affected by weakening labour market conditions in the country, Statistics Canada’s latest employment figures show.
The federal agency’s July labour force survey released on Friday says the overall jobless rate held steady at 6.4 percent last month as the economy shed a modest 2,800 jobs.
Amidst historically high interest rates, the une…

The Epoch Times

Epoch Media Group

New York

United States

Economy Lost 2,800 Jobs in July, Unemployment Rate Unchanged at 6.4%

Canada unexpectedly shed jobs for a second straight month and the unemployment rate held at the highest level in more than two years, keeping the Bank of Canada on track to further cut interest rates.

Bloomberg

Michael Bloomberg

The Vanguard Group

Howard Buffett

BlackRock

OTTAWA — Students are facing a particularly challenging summer job market while recent immigrants are disproportionately affected by weakening labour market conditions in the country, Statistics Canada’s latest employment figures show.

Coast Reporter

Glacier Media

Sechelt

Sunshine Coast

British Columbia

Students, recent immigrants hit hard by weakening job market, StatCan data suggests

Flin Flon Reminder

Flin Flon

Manitoba

OTTAWA -- Statistics Canada says students are facing a particularly challenging summer job market, while recent immigrants are disproportionately affected by the weakening labour conditions.

Toronto Sun

Economy lost 2,800 jobs in July, unemployment rate unchanged at 6.4%

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Canada unexpectedly sheds 2,800 jobs in July; jobless rate stays at 6.4%

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