Canada sheds jobs for the first time in nine months, unemployment ticks up to 5.2%

Canada sheds jobs for the first time in nine months, unemployment ticks up to 5.2%

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Canada’s strong labour market hit a road bump in May, shedding jobs for the first time in nine months, with losses concentrated among younger workers. Total employment fell by 17,300, while the unemployment rate ticked up to 5.2 per cent, Statistics Canada said Friday. Analysts were expecting the…

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