{"id":134667,"date":"2025-09-05T13:14:11","date_gmt":"2025-09-05T13:14:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/134667\/"},"modified":"2025-09-05T13:14:11","modified_gmt":"2025-09-05T13:14:11","slug":"canadian-economy-lost-66000-jobs-in-august-as-unemployment-rate-rose","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/134667\/","title":{"rendered":"Canadian economy lost 66,000 jobs in August as unemployment rate rose"},"content":{"rendered":"<p><a class=\"\" href=\"https:\/\/www.cbc.ca\/news\/business\" rel=\"nofollow noopener\" target=\"_blank\">Business<\/a>\u00b7Updated<\/p>\n<p>The unemployment rate rose to 7.1 per cent and the Canadian economy lost 66,000 jobs in the month of August, according to new data from Statistics Canada.<\/p>\n<p>Unemployment rate rose to 7.1% last month<\/p>\n<p>CBC News  \u00b7 Posted: Sep 05, 2025 8:40 AM EDT | Last Updated: 8 minutes ago<\/p>\n<p><img decoding=\"async\" loading=\"eager\" alt=\"a woman in white shorts and a black tshirt looks down at her phone. shes the first person in a long line of young people standing behind her, waiting in a brightly lit hallways at a job fair\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2025\/09\/cne-job-fair.jpg\" data-cy=\"leadmedia-story-img\" fetchpriority=\"high\"\/>Applicants at the CNE\u2019s job fair wait in line at the Enercare Centre in Toronto, on July 30, 2025.  (Alex Lupul\/CBC)<\/p>\n<p>The unemployment rate rose to 7.1 per cent and the Canadian economy lost 66,000 jobs in the month of August, according to new data from Statistics Canada.<\/p>\n<p dir=\"ltr\">The agency says most of the jobs lost \u2014 some 60,000 \u2014 were part-time ones, while there was little change in the number of full-time jobs.<\/p>\n<p dir=\"ltr\">Most of the jobs lost were also among workers\u00a0between 25 to 54 years old, with little change in youth employment, according to StatsCan.<\/p>\n<p dir=\"ltr\">The figures are more dire than some had predicted \u2014 a Reuters poll of economists ahead of the release predicted a gain of 10,000 jobs and for the unemployment rate to rise to seven\u00a0per cent.<\/p>\n<p dir=\"ltr\">In July, the economy lost 41,000 jobs and unemployment remained steady at 6.9 per cent.<\/p>\n<p dir=\"ltr\">The employment rate has been falling this year, down from a 6.6 per cent rate <a href=\"https:\/\/www.cbc.ca\/news\/business\/labour-force-survey-january-2025-1.7453195\" rel=\"nofollow noopener\" target=\"_blank\">in January<\/a>.<\/p>\n<p><a class=\"reportIssue-MwDQL\" href=\"https:\/\/www.cbc.ca\/news\/corrections-clarifications-1.5893564\" rel=\"nofollow noopener\" target=\"_blank\">Corrections and clarifications<\/a>\u00b7<a class=\"reportIssue-MwDQL\" href=\"https:\/\/www.cbc.ca\/news\/email-cbc-contact-phone-tips-news-story-1.6466536\" rel=\"nofollow noopener\" target=\"_blank\">Submit a news tip<\/a>\u00b7Report error<\/p>\n","protected":false},"excerpt":{"rendered":"Business\u00b7Updated The unemployment rate rose to 7.1 per cent and the Canadian economy lost 66,000 jobs in the&hellip;\n","protected":false},"author":2,"featured_media":134668,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[38],"tags":[28,134],"class_list":["post-134667","post","type-post","status-publish","format-standard","has-post-thumbnail","category-jobs","tag-business","tag-jobs"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/134667","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=134667"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/134667\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/134668"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=134667"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=134667"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=134667"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}