Advertise On EU-Digest

Annual Advertising Rates

8/10/13

Canada: 39,000 jobs lost pushes unemployment rate up to 7.2%

For the fourth time in seven months, the Canadian economy has shed jobs, pushing the jobless rate in July up to 7.2 per cent.

Statistics Canada reported Friday that the economy lost 39,400 jobs last month, pushing the unemployment rate up 0.1 percentage points to 7.2 per cent.

Much of the decline came from the public sector, where there were 74,000 fewer jobs. The private sector and the ranks of the self-employed both increased slightly.

Read more: 39,000 jobs lost pushes unemployment rate up to 7.2% - Business - CBC News

No comments: