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Signage marks the Statistics Canada offices in Ottawa on July 21, 2010. The Canadian Press/Sean Kilpatrick
The Canadian economy lost jobs for the second month in a row as the unemployment rate climbed to its highest level since May 2016, excluding the pandemic period.
Statistics Canada said Friday the unemployment rate ticked up to 7.1 percent in August, its highest level since August 2021, as the economy lost 66,000 jobs for the month.
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