Canada lost 31,200 jobs in July

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Unemployment rate ticked up to 6.9 per cent

The economy lost 31,200 jobs in July as the number of workers with full-time jobs fell dramatically and fewer younger Canadians were employed, Statistics Canada reported today.

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Economists had expected Canada’s economy would create about 10,000 jobs last month.

The unemployment rate ticked up to 6.9 per cent, up from 6.8 per cent in June, an increase in line with analysts’ forecasts.

Read the full article at: ca.finance.yahoo.com

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