Economy Lost 2,800 Jobs in July, Unemployment Rate Unchanged at 6.4%

Economy Lost 2,800 Jobs in July, Unemployment Rate Unchanged at 6.4%
Construction is shown at the site of a new condominium project in downtown Toronto, on Jan. 24, 2023. The Canadian Press/Graeme Roy
The Canadian Press
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Students are facing a particularly challenging summer job market while recent immigrants are disproportionately affected by weakening labour market conditions in the country, Statistics Canada’s latest employment figures show.

The federal agency’s July labour force survey released on Friday says the overall jobless rate held steady at 6.4 percent last month as the economy shed a modest 2,800 jobs.