Canada lost 41,000 jobs in July — the largest monthly drop in 7 years (outside the pandemic) — with 51,000 full-time jobs gone. Yet, the population grew by 37,000 last month and 715,000 over the year. In contrast, only 307,500 jobs were added in that same 12-month span. Is the system buckling? What happens when growth outpaces stability?
https://www.junonews.com/p/breaking-canadian-unemployment-surges