Canada’s unemployment rate rose to 6.4 per cent in June as jobs market stalls

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The Canadian economy lost 1,400 jobs in June as the unemployment rate climbed to its highest level in more than two years, Statistics Canada said Friday.

A Canadian dollar or loonie is pictured in North Vancouver, B.C. Wednesday, March 5, 2014.

It also said that as the unemployment rate has increased, so has the proportion of long-term unemployed with 17.6 per cent of those unemployed in June having been continuously jobless for 27 weeks or more, up four percentage points from a year earlier. The jobs report is a key data point ahead of the next Bank of Canada interest rate decision set for July 24.

Biden tells Democratic governors he needs more sleep and plans to stop scheduling events after 8 p.m. The son of Asia's richest man is getting married in one of India's most anticipated -- and lavish -- weddings of the year Vancouver’s magnificent mountain vistas will be front and centre at city hall next week, when councillors will debate whether to ease view protection rules to make room for more construction.All LCBO stores are closed on Friday as thousands of workers hit the picket lines after their union and employer failed to reach an agreement.

Greg Fertuck will spend life behind bars with no chance of parole until he is 90 years old, a judge ruled on Thursday at Saskatoon's Court of King's Bench.A Saskatoon man is recovering in hospital after falling three storeys off the roof of a downtown building on Canada Day.Northern OntarioOntario Provincial Police are investigating after a pile of dead lobster was found on the shoulder of Highway 17 this week in northern Ontario.

 

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