Canada’s unemployment rate remains steady for July

August 10, 2023

The rate of unemployment remained stable in Canada for July as it rose slightly to 5.5%.

Categories that saw a drop in employment included construction, which lost 45,000 jobs, while for workers in public administration, the number of occupations declined by 17,000. Information, culture and recreation employment dropped by 16,000 positions, and in transportation and warehousing, as there were 14,000 less jobs last month.

On the flip side, employment rose in health care and social assistance (25,000 new jobs), educational services (a rise of 19,000), finance, insurance, real estate, rental and leasing (15,000) and agriculture (12,000).

Source: HR Reporter