Canada’s Jobless Rate Rises to 6.2% in May as Labour Market Disappoints Jobseekers

Canada’s Jobless Rate Rises to 6.2% in May as Labour Market Disappoints Jobseekers
A "Now Hiring" sign is displayed on a business in Montreal on May 30, 2023. The Canadian Press/Christinne Muschi
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Canada’s unemployment rate continued its upward climb in May, rising slightly to 6.2 percent as opportunities became harder to find for prospective jobseekers.

Statistics Canada’s latest labour force survey showed the economy added 27,000 jobs last month—too modest of a gain to keep the unemployment rate from rising by a tenth of a percentage point.