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August Jobs Dip But Yearly Trends Hold | Canada News
Description
August’s job report revealed a dip of 42,000 jobs nationwide, with youth and core-aged workers hit hardest—especially men, whose unemployment rose while women’s fell. Sectors like business support and public admin lost ground, but manufacturing surged, led by Ontario, helping offset earlier losses. Year-over-year, healthcare and tech-driven fields are booming, while retail continues to shrink. Despite the August slowdown, long-term trends still point to growth—with persistent concerns over extended unemployment lingering above pre-pandemic levels.
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