Canada's unemployment jumps to 7.1% in August, as tariffs curb business confidence
Canada had almost 1.6 million people unemployed in August as the economy lost thousands of jobs and its unemployment rate reached a nine-year peak barring the pandemic years, data showed on Friday, pushing up rate cut bets this month to over 92%.
Canada had almost 1.6 million people unemployed in August as the economy lost thousands of jobs and its unemployment rate reached a nine-year peak barring the pandemic years, data showed on Friday, pushing up rate cut bets this month to over 92%.
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