Construction sector hard hit in latest Labour Force Survey

AI Article Summary
Employment in Canada's construction sector decreased by 1.3% in July, shedding approximately 22,000 workers, according to Statistics Canada's Labour Force Survey. Despite the decline, the number of construction jobs remained relatively stable compared to the same time last year. Many construction workers remain confident about their job prospects despite the economic uncertainties, particularly those within the 25 to 64 age range. The report also highlights broader concerns in the labor market, including a persistent issue with long-term unemployment.