Ottawa saw some growth in its overall jobs numbers in July, according to Statistics Canada, but also saw an uptick in the unemployment rate.
Employment rose from 645,500 workers in June to 650,600 in July. The unemployment rate rose from 6.0 in June to 6.3 in July, as approximately 2,400 more people started looking for work.
Labour numbers reported by Statistics Canada paint a bleaker picture for young people and new Canadians. In Ontario, the unemployment rate for people aged 15 to 24 was 16.4 per cent, compared to 6.7 per cent for all workers 15 and older provincewide. The unemployment rate for recent immigrants was 12.6 per cent in July across all of Canada.
What do these latest figures mean for the local economy? Pedro Antunes, Chief Economist at the Conference Board of Canada, joined CTV’s Katie Griffin on CTV News at Six to discuss.
The interview below has been lightly edited for clarity.
Katie Griffin:What do these numbers …