The total number of employed residents in the National Capital Region is at its highest level since the pandemic began, Statistics Canada said Friday.
Region added nearly 10,000 new positions in August, but employment-seekers returning to the market en masse drove up jobless rate.
Reduced pace of price growth was broad-based, spanning goods and services.
Job losses in tech and public-service sectors were offset by gains in retail, accommodation and construction sectors.
But latest figures offer hope that job losses in hard-hit sectors have bottomed out
Jobless rate reaches highest level in more than a decade.
The national drop in inflation in April was fuelled by a 39.3 per cent plunge in gasoline prices, the largest year-over-year decline on record.
Region’s unemployment rate climbs to 6.9 per cent – up from 4.3 per cent prior to the pandemic.
A drop in the size of Ottawa-Gatineau’s overall labour force offset a series of job losses across the board last month, keeping the National Capital Region’s unemployment rate steady at 4.3%
National price increases fuelled by higher costs at the gas pump and pricey produce.