National Unemployment Rate Stands at 6.4 Per Cent in July
According to Statistics Canada, the national unemployment rate in Canada was 6.4 per cent in July. The agency also released seasonally adjusted, three-month moving average unemployment rates for major cities across the country. However, it noted that these figures may fluctuate widely due to being based on small statistical samples.
The data provides a snapshot of jobless rates in various Canadian cities for the month of July. Statistics Canada cautions that the numbers should be interpreted with caution due to the small sample sizes used to calculate the rates.
The national unemployment rate of 6.4 per cent is the latest figure available from Statistics Canada. The agency releases unemployment rates on a monthly basis, providing insights into the state of the Canadian labor market.
Article and image source: medicinehatnews.com
