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Canada Lost 6400 jobs in July 2023 – Scope for New Job Seekers?

As per recent reports i confirmed inflation in Canada in July 2023 stayed under 3% while Canadian labor marketing is cooling down because just recently it was unexpectedly reported by statistics Canada that Canada actually lost over 6400 jobs in July 2023 which pumped up their unemployment rate to 5.5% from 5.4%.

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Whereas on the other hand, many Canadian economists are expecting their economy to produce 25000 jobs whereas in a recent report construction & transportation industry of Canada suffered job losses however educational and healthcare sector of Canada added 19000 & 25000 jobs relatively.

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So in short jobs in Canadian economy are shedding but at the same time workers are demanding higher salaries (Ref Bloomberg & cbc.ca) which is why some sectors in Canada are now producing any new jobs but as per statistics Canada recent report some of their sectors such as healthcare/education demonstrated a large job growth as well.

So therefore i think this news will also have implications on all new job seekers because you now may find it difficult to land a job in Canada in some of their sectors such as construction/transport industry but to tackle this i would highly suggest you to apply for skill shortage jobs in Canada so that you can get higher wages and get easy employment because even at this time many professions/occupations in Canada are experiencing skill shortages.

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Yousaf Saeed

Dr. Yousaf Saeed is a seasoned international education journalist and a leading voice in the fields of study abroad, work abroad, and immigration. As the founder of daadscholarship.com, he has dedicated his career to guiding ambitious students and skilled professionals toward life-changing opportunities overseas. A recipient of three prestigious fully funded international scholarships himself, Dr. Yousaf is more than just an advisor—he’s a mentor who’s walked the path he now helps others follow. With a global footprint that spans Africa, Asia, and Europe, Dr. Yousaf has helped thousands of students secure scholarships, admissions, and skill-based work visas through expert advice rooted in experience. His insights into skill shortage programs, immigration pathways, and scholarship strategies are trusted by a global audience seeking affordable and transparent solutions—without relying on expensive agents. Whether you’re looking for your next scholarship, a job in a high-demand sector abroad, or the latest updates in international education policies, Dr. Yousaf’s work is just a search away. His articles, mentorship, and practical resources continue to empower dreamers to become achievers—one application at a time

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