Posted: Aug 05, 2022 8:38 AM ET | Last Updated: 17 minutes agocommentsMost of the losses came in the service sector, which lost 53,000 positions. That was offset by a gain of 23,000 jobs in goods-producing industries.
Despite the decline, the jobless rate held steady at its record low of 4.9 per cent, because while there were fewer jobs, there were fewer people looking for work, too. As of the end of July, the data agency says there were about one million people in Canada officially classified as unemployed, which means they want a job but don't have one. Another 426,000 people wanted a job but didn't look for one during the month, so they are not officially counted in the labour force.
"With that said, the labour market still remains tight and there's scope for a further weakness in employment as economic growth slows."
Source: Financial Digest (financialdigest.net)
So the headline is not “Canada has lowest unemployment rate in decades”? Who writes these editorialized headlines?
JustinTrudeau lies are just too obvious to hide, even for Canada's propaganda machine (aka CBC). Keep fabricating wars, we know how this massive mess will end.
This has been going on for over a month now.
Trudeau left the country again at the right time!!
yet everyone has a hiring sign in the window, fuck even Petsmart emails me offering jobs!!!
Not sure whatjobs it is were loosing. Employers still begging for workers.
Thank to Bank of Canada .
Yummy bugs for you 😜
Literally the goal of the bank of Canada, so I guess good job making people lose their incomes?
How many jobs losses due to layoffs? How many jobs lids due to small businesses closing? How many job losses due to people retiring? USA up almost 500,00* and we’re down……
I’m sure the nitrogen policies coming will help increase that number
Guess Trudeau stopped hiring?
Don't worry the WEF will save us all after they take everything from us. You will own nothing and you will be happy. And you will eat bugs.
Paving the roads to redefine recession as they did unemployment.
CBC continues to try and rose tint Trudeau’s abysmal performance.
Where's emotionally disturbed MarkGerretsen to retweet this garbage performance? The Liberals thought bloating civil service with fake government jobs would hold their numbers long term?
So these 30,600 Canadians did not apply for any type of unemployment benefits, and the 4.6% unemployment rate remained the same. Everyone unemployed had to be employed for that scenario to be the same. This is illogical. Like America, the numbers don't add up.
US gained 500k+…. We r fucked
Stay tuned for a harsh winter
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