Canada sheds tens of thousands of jobs as tariffs dent hiring plans
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OTTAWA: The Canadian economy lost tens of thousands of jobs in July, sending the share of people employed to an eight-month low, data showed on Friday (Aug 8), as the labour market gave back gains from the previous month. The economy shed 40,800 jobs in July, compared with a net addition of 83,000 jobs in June, taking the employment rate, the percentage of people employed out of the total working-age population, to 60.7 per cent, Statistics Canada said. The unemployment rate held steady at a
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