NationalNews

Country’s Unemployment Rate At Historic Low

Source: The Canadian Press, CTV News, August 5, 2022

The unemployment rate is the lowest on record with comparable data going back to 1976.

OTTAWA – Canada’s unemployment rate stayed a historic low of 4.9 per cent in July, remaining unchanged from June as the country continues to face a labour shortage.

In its latest labour force survey, Statistics Canada says the economy lost 31,000 jobs, marking the second consecutive month of job losses.

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