Canadian unemployment rate hits six-month high amid US-imposed tariffs | Business and Economy

Statistics Canada showed an unemployment rate of 6.9 percent, with most cuts in the manufacturing sector.

Canada’s unemployment jumped to its highest level since November as United States President Donald Trump’s imposed tariffs affect the export-dependent economy.

Statistics Canada showed a 0.2 percent increase for the month of April, bringing the country’s unemployment rate to 6.9 percent, according to its report released on Friday.

The 6.9 figure matched November unemployment, which…

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News Source: www.aljazeera.com

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