Canada's unemployment rate remains at historic low of 4.9 per cent

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Canada's unemployment rate remains at historic low of 4.9 per cent
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Canada's unemployment rate remains at historic low of 4.9 per cent cdnpoli

In its latest labour force survey, Statistics Canada says the economy lost 31,000 jobs, marking the second consecutive month of job losses.

Statistics Canada says despite the labour shortage, there is no evidence of a rise in the proportion of people leaving or switching jobs. The labour participation rate for Canadians between the ages of 25 and 54 is relatively unchanged from where it was pre-pandemic.

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