Canada’s unemployment rate climbed to 7.1 per cent in June as the country lost 9,400 jobs.
OTTAWA -- Statistics Canada says the economy unexpectedly lost 9,400 jobs last month as the unemployment rose one-tenth of a point to 7.1 per cent -- the highest since last December.
Economists had expected another big month of job creation following May's 25,800 gain, but June resumed what has become a year-long trend of weak demand for workers.
Over the past 12 months, the economy has created only 72,000 new jobs, split evenly between part-time and full-time workers.
The agency says the major setback was among youth workers, who gave back almost all the job gains of May with a drop of about 44,000, most in Ontario.
9,400 jobs lost in June, unemployment rate rises to 7.1 per cent: StatsCan | CTV News