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The unemployment rate rose by 0.5 percentage points in August

Although unemployment in Canada increased to 5.4 percent in August, immigrants still had a lower unemployment rate than any other August over the last 16 years. According to the new Statistics Canada report, the groups most impacted by job losses in August were young women and teenage girls, as well as seniors aged 55 to 64 years old. Although we experienced job losses in fields such as education, construction, and public services, other sectors such as the professional, science, and tech sector gained employees.

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