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Statistics Canada says the unemployment rate rose to 5.4 per cent in June, reaching the highest level in over a year. (www.bnnbloomberg.ca)

submitted 2 years ago by mxwarp to c/personalfinancecanada

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The country added 60,000 jobs, driven by gains in full-time work, while the unemployment rate rose to 5.4 per cent, the highest since February 2022, Statistics Canada reported Friday in Ottawa. The figures beat expectations for a gain of 20,000 positions, but missed the forecast for a jobless rate of 5.2 per cent, according to the median estimate in a Bloomberg survey.

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[–] Stochastic 4 points 2 years ago

I hope someday soon the official Stats Can reddit account will migrate here and post directly.

[–] avidamoeba 1 points 2 years ago

Yay? 😵‍💫

[–] glandrid 1 points 2 years ago

Someone check on Tiff.