Chrystia Freeland Statistics Canada Andrew Grantham Canada Unemployment Employment Jobs Chrystia Freeland Statistics Canada Andrew Grantham Canada

Canada shed jobs for 2nd straight month in July, unemployment rate unchanged

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Canada’s unemployment rate stayed a historic low of 4.9 per cent in July, remaining unchanged from June as the country continues to face a labour shortage.

In its latest labour force survey, Statistics Canada says the economy lost 31,000 jobs, marking the second consecutive month of job losses.

The number of public sector employees fell, while the number of self-employed workers rose. There was little change in the number of private sector workers.

Canada’s labour market remains exceptionally tight, with over one million job vacancies across the country. The unemployment rate is the lowest on record with comparable data going back to 1976. Read more: Canada needs new homes built, but construction industry headed for retirement wall “The most important thing for Canadians to bear in mind is the unemployment rate today was confirmed to be at 4.9 per cent that is a historic low for Canada and that is good news for Canadians,” Deputy Prime Minister and Finance Minister Chrystia Freeland told reports in Nova Scotia Friday. “Our big economic challenge when it comes to the labour market is a shortage of workers.” Statistics Canada says despite the labour shortage, there is no evidence of a rise in the proportion of people leaving or switching jobs.

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Could robots take your job? How automation is changing the future of work
automated future sits inconspicuously off Baldwin Street in Toronto’s busy Kensington Market.The RC Coffee Robo Cafe, which juts out slightly from the brick wall by the sidewalk, bills itself as Canada’s first robotic café.As opposed to a vending-machine brew that dispenses coffee from hand-filled urns, the robotic barista makes each cup of coffee, espresso, latte and more by request, ready in just a few moments.For Jasmine Arnold, visiting Toronto from Providence, R.I., the iced matcha prepared at RC Coffee topped drinks dispensed by a vending machine and was on par with coffee served at a chain.While the drink went down smooth, she told Global News the experience was unique if a little jarring.“I have mixed feelings about a robot, from a jobs perspective,” she said, expressing some discomfort about what this means for the prospects of human baristas. Canada shed jobs for 2nd straight month in July, unemployment rate unchanged After trying his own robo-poured beverage, Arnold’s partner Eric echoed her sentiments but noted that with the pandemic changing our expectations of what work can be done from where, it seemed to align with recent shifts in work.“I think this is kind of where we’re going as a society,” he said.Workforce shifts driven by a tight labour market and the COVID-19 pandemic are opening the door to a faster adoption of automated solutions, but at least one expert is warning that Canada might not be prepared for how quickly robotic workers are set to transform the economy.Statistics Canada said Friday that though Canada shed some 31,000 jobs in July, the country’s unemployment rate remained at its lowest ever at 4.9 per cent last month.
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