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6 Sep 2025

Canadian economy bled 66,000 jobs in August as unemployment rate at its highest since ‘pandemic days’

Author: admintech | Filed under: Finance/ Money
a woman in white shorts and a black tshirt looks down at her phone. shes the first person in a long line of young people standing behind her, waiting in a brightly lit hallways at a job fair

The unemployment rate rose to 7.1 per cent in August — nearly the highest rate since 2016 — while the Canadian economy lost 66,000 jobs, according to new data from Statistics Canada.