Canada gains 419,000 jobs as unemployment rates fall to 10.9%

As more parts of the economy were allowed to reopen in Canada, we have seen an increase in jobs with over 419,000 last month. That’s more than economists predicted. On Friday, data from Statistics Canada’s latest Labour Force Survey showed the unemployment rate is down to 10.9% in July.  In June, the jobless rate was 12.3%, and it hit a record of 13.7% in May.

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