JAPA: Canada’s Unemployment Rate Rises Despite Addition of 27,000 New Jobs
In a surprising twist for the Canadian job market, the country added 27,000 new jobs in May, yet the unemployment rate rose to 5.2%, up from 5.0% in April. This paradoxical development underscores the complexities of the labor market and raises questions about underlying economic conditions. According to Statistics Canada, the new job additions...
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