Unemployment Rate Ticks up to 5.5% in July as Job Creation Lags Population Growth

A "Now Hiring" sign is displayed on a business in Montreal on May 30, 2023. The Canadian Press/Christinne Muschi

Canada’s unemployment rate rose again last month, as the economy struggles to create enough jobs to match the pace of population growth.

Statistics Canada reported Friday employment was little changed in July, falling by 6,400 jobs.