πIn the latest report from Statistics Canada, it has been revealed that the Canadian economy experienced a notable increase in job creation, with 64,000 new positions added last month. This development is occurring against the backdrop of the country's robust population growth. Despite various economic fluctuations over the past year due to factors like rising interest rates, the unemployment rate has managed to hold steady at a respectable 5.5%. Interestingly, the job gains observed in the recent report were primarily in the realm of part-time employment. Additionally, there was an upswing in the number of individuals working in educational services, transportation, and warehousing sectors. However, not all sectors experienced positive growth, as job losses were reported in areas such as finance, insurance, real estate rental and leasing, construction, as well as information and recreation. This mixed picture reflects the complex dynamics at play in Canada's ever-evolving labour market.β . . #CanadaEconomy #CanadaJobs #CanadaUnemployment #CanadaEmployment #CanadaLaborMarket #EconomicUpdate #CanadaJobMarketTrends #mnm #malayalisnearmeapp #canadaupdate #canadanews
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