News Formal

Students, recent immigrants hit hard by weakening job market, StatCan data suggests

  • 📰 SooToday
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 85%

Portugal Notícia Notícia

Portugal Últimas Notícias,Portugal Manchetes

OTTAWA — Students are facing a particularly challenging summer job market while recent immigrants are disproportionately affected by weakening labour market conditions in the country, Statistics Canada’s latest employment figures show.

The federal agency’s July labour force survey released on Friday says the overall jobless rate held steady at 6.4 per cent last month as the economy shed a modest 2,800 jobs.

Amidst historically high interest rates, the unemployment rate has climbed 0.9 percentage points over the last year. Statistics Canada says that’s the lowest employment rate for returning students since July 1997, outside of July 2020 during the COVID-19 pandemic. The increase in unemployment is particularly stark for recent immigrant youth, who face a jobless rate of 22.8 per cent. That’s up 8.6 percentage points from a year ago.

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 8. in PT
 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

StatCan to release July jobs report as economists expect more labour market weaknessOTTAWA — Statistics Canada is set to release its July labour force survey today.
Fonte: YahooFinanceCA - 🏆 47. / 63 Consulte Mais informação »