This is a news story, published by EconReporter, that relates primarily to Bank of Canada news.
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high labor force participation rateEconReporter
•84% Informative
Unemployment rate rose to 6.6% in August , from 5.7% at the start of the year .
The unemployment rate for recent immigrants shot up to above 12% and remain there in recent months .
Bank of Canada now summarized the rising unemployment as part of the symptom of the “excess supply” facing Canadian economy.
VR Score
88
Informative language
89
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63
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English
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