Canada’s Unemployment Rate Climbs to 7-Year High in August, Reaching 6.6 Percent

Canada’s Unemployment Rate Climbs to 7-Year High in August, Reaching 6.6 Percent
A "Now Hiring" sign is displayed on a business in Montreal in a file photo. Statistics Canada released its latest snapshot of how the job market is doing in the country. The Canadian Press/Christinne Muschi
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Canada’s unemployment rate rose to 6.6 percent in August, going up by 0.2 percent since July’s 6.4 percent, Statistics Canada’s labour force survey says.

The rate is at its the highest point since May 2017 apart from the pandemic years, StatCan said.