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Toronto has one of the highest unemployment rates among major Canadian cities
The incredible queues for employment and the social media posts of Torontonians desperately looking for work are clear signs of Toronto's tightening job market, and new data from Statistics Canada confirms this grim picture.
The latest labor force statistics released by the Statistics Center on June 7 show current unemployment rates in regions across the country, with Toronto the worst of all but one of Canada's major cities.
According to Statistics Canada's chart, the unemployment rate in Toronto has reached 7.8%. In comparison, Vancouver's unemployment rate is 5.8%, Montreal's 5.9%, Halifax's 5.6%, Winnipeg's 5.2%, St. John's 7.1% and Ottawa's 5.3%. The only major city currently with a higher unemployment rate is Calgary at 8.5%. , although smaller towns such as Windsor (9.1 percent) and St. Catharines (8 percent) fare worse.
While Toronto-area cities such as Oshawa, Hamilton and Kitchener all have lower rates of 5.1 to 7.1 per cent, rural parts of the country such as Nunavut, Northern Saskatchewan and Northern Manitoba have rates as high as 32.9 per cent.
According to this report, the overall unemployment rate in Canada has increased to 6.2%, which is 0.1% higher than the previous month and 0.9% higher than the same time last year.
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