Canada adds 75,000 jobs in July as unemployment falls to two-year low
Canada’s economy added 75,000 jobs in July, pushing the unemployment rate to a two-year low of 6.4%. Discover how Canada jobs are thriving despite US tarif Read More: https://punchng.com/canada-adds-75000-jobs-in-july-as-unemployment-falls-to-two-year-low/
Canada's economy added 75,000 jobs in July, according to Punch Nigeria. This led to the unemployment rate falling to a two-year low of 6.4%.
In contrast, the US economy lost 23,000 jobs in July, as reported by multiple outlets including Le Monde English, South China Morning Post, CBS News, and The Hill. The unemployment rate in the US ticked down to 4.1%, with CBS News attributing the decline to slower labor force growth.
The job losses in the US were unexpected, with economists having forecast job gains, and were driven by losses in local government education and retail, CBS News reported.
Brief written by urgent.news from Punch Nigeria, Le Monde English, South China Morning Post, CBS News, The Hill — 5 reports on this story. Machine-written — may contain errors; check the original before relying on it.
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- US economy unexpectedly lost 23,000 jobs in July lemonde.fr
- U.S. economy lost 23,000 jobs in July, new report shows cbsnews.com
