07-06-2024 13:25 via ctvnews.ca

Average hourly wages now almost $35 in Canada: just-released data

Canada's unemployment rate continued its upward climb in May, rising slightly to 6.2 per cent as opportunities became harder to find for prospective jobseekers. Statistics Canada's latest labour force survey showed the economy added 27,000 jobs last month -- too modest of a gain to keep the unemployment rate from rising by a tenth of a percentage point. The report, which came in largely as forecasters had expected, suggests the Canadian job market continues to soften as high interest rates weigh
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