UNEMPLOYMENT ON THE RISE!!!
Friday Jul 12th, 2024
ShareThe Canadian Economy lost 1,400 jobs in June, the second time in four months the labor market has contracted in spite of possible future central bank rate cuts later this year continue to grow. Government data released on Friday showed the unemployment rate also jumped month over month by 0.2%, bringing it to 6.4% – higher than estimates indicated by a Bloomberg poll of economists. [read more]