TSX:AX.PR.E - Post by User
Post by
Torontojayon Jun 07, 2024 10:54am
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Post# 36077529
Canada’s unemployment rate
Canada’s unemployment rate Rises to 6.2% as population growth exceeds job creation. This trend should continue to play out for the rest of the year .
Canada added only 27,000 jobs while total population has grown by ~ 100,000. This tells me the unemployment rate will continue to rise as more new immigrants search for work and become part of the unemployed pool.