Invest in Canada

Unemployment rises, but less than feared

Canada’s economy lost 7,400 jobs in June, far less than expected, even as the country continued to struggle through an economic downturn. The unemployment rate rose to an 11-year high of 8.6%, up from 8.4% in May, Statistics Canada said Friday. “Full-time employment continued its downward trend in June, offsetting gains in part-time,” the federal [...]