Jobless rate stays flat at 4.9%

Friday, 5 August 2022 09:11

By Noelle Sinclair

Niagara's rate increases slightly from June

Canada lost 30,600 jobs in July according to Stats Canada's latest jobs report.

Despite the loss, the country's unemployment rate held steady at 4.9 per cent.

Employment declined among older and core-aged women, while it was up among older men.

At the industry level, a decline in the services-producing sector was offset by an increase in the goods-producing sector.

A decrease in the number of employees working in the public sector was tempered by a gain among self-employed workers.

Niagara's rate is up slightly at 4.9 per cent after hitting its own record-low in June with an unemployment rate of 4.5 per cent.

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