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Labour
July 05, 2024
Canadian Employment (June 2024)
The cooling in Canada's labour market continued in June. The month saw a very slight loss of jobs, though with the standard error on monthly job swings of 32k, it is technically statistically indistinguishable from zero. But, we only need to look at the steady rise in the unemployment rate to see that by nearly all metrics, job market conditions have softened.