Canada Lost 41K Jobs in July, With Youth Hit Particularly Hard

Canada Lost 41K Jobs in July, With Youth Hit Particularly Hard
A "Now Hiring" sign is displayed on a business in Montreal on May 30, 2023. The Canadian Press/Christinne Muschi
|Updated:
0:00

Canada’s job market saw a decline of nearly 41,000 positions in July that primarily affected full-time employment, particularly among youth and within the private sector.

The country’s employment rate declined 0.2 percentage points in July to 60.7 percent, while its unemployment rate remained steady at 6.9 percent, according to Statistics Canada’s latest Labour Force Survey released Aug. 8.