Unemployment rate climbs in July

Loss in part-time jobs pushes the national unemployment rate up to 7.8 per cent: Statistics Canada
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|hrreporter.com|Last Updated: 08/25/2003

T

he unemployment rate edged up 0.1 percentage points in July to 7.8 per cent, according to the latest figures from Statistics Canada.

Employment edged down by 13,000 for the month, all in part-time jobs. Since the start of 2003, employment has increased by only 0.5 per cent, much slower than the 2.3 per cent growth observed in the first seven months of 2002. But the Canadian numbers are still better than what’s happening in the United States, where employment continued to decline in July and is down 0.3 per cent since the start of the year.