"Canada's unemployment rate increased to 6.6 per cent in August due to a difficult summer job market, particularly for returning students, whose unemployment peaked at 16.7 per cent."
"The summer job market proved especially tough for Black, Chinese, and South Asian students, with Black students experiencing the highest unemployment rate at 29.5 per cent, up significantly from last year."
"A total of 22,000 jobs were added last month, but the increase lagged behind the pace of population growth, highlighting a broader economic slowdown."
"Despite the job market challenges, rapid wage growth continues, indicating that while hiring slows, those employed are receiving higher compensation for their work."
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