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Canada’s Unemployment Rate Falls To 6.9%

  • Canada's unemployment rate dropped to 6.9% in June as 83,000 jobs were added to the labour market.
  • Both the job gains and the lower unemployment rate exceeded economists' expectations for the month.
  • The majority of the jobs created were in part-time and seasonal work, with notable growth in sectors like wholesale and retail trade.
  • Despite improvements, certain areas like Windsor, Ontario, continue to struggle with high unemployment rates, partly influenced by U.S. tariffs.

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