Canada Loses 39,400 Jobs in July as Government Hires Wane
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Canadian employment unexpectedly fell in July on fewer jobs in government and for youths, and wage growth declined to its slowest since 2011.
Employment fell by 39,400 last month, while the jobless rate rose to 7.2 percent from 7.1 percent, Statistics Canada said today in Ottawa. Economists surveyed by Bloomberg News projected a 10,000 job gain and an unchanged jobless rate, according to the median forecasts in surveys with 23 responses.