Canadian Unemployment Hits 7-Month High As Workers Outpace Jobs
Canada’s job market saw its footing slip last month. Statistics Canada (StatCan) data shows the unemployment rate hit a 7-month high in April. That’s unlikely to surprise those who...
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Canada’s job market saw its footing slip last month. Statistics Canada (StatCan) data shows the unemployment rate hit a 7-month high in April. That’s unlikely to surprise those who...
Prior month 14.1KEmployment change -17.7K vs 15.0 estimateUnemployment rate 6.9% vs 6.7% estimateFull time employment -46.7K vs -1.1K last monthPart-time employment 29.0K vs 15.2K...
Jobless rate among youth climbs to over 14%
Canadians are suddenly facing one of the toughest job markets in months. Statistics Canada (StatCan) data shows the unemployment rate climbed to a 7-month high in April, but the re...
Statistics Canada reported a modest rebound in the labour market in March after two consecutive months of job losses to start the year. The agency said employers collectively added...
Youth unemployment rate more than double national averageLabour market conditions have been worsening for young Canadians, according to a new Statistics Canada report that shows ho...
Jobless rate hits 13.8% with no recession, raising alarms over long-term career damage
The Canadian economy added a modest 14,100 jobs in March, in line with economists’ expectations but marking only a partial reversal of the 109,000 positions lost in the first two m...
Canadians earned higher hourly wages in March compared with the same time last year, with average hourly wages rising 4.7 per cent, Statistics Canada said.
Canadian employment wasn’t impressive last month, but it was the best Labour Force Survey (LFS) of 2026. Statistics Canada (StatCan) data shows minor job growth, with unemployment...
Prior -83.9KEmployment change 14.1K vs 150K Estimate unemployment rate 6.7% versus 6.8% expected. Prior 6.7%full-time employment change -1.1K vs -108.4K last month part-time employ...
Canadians aren’t exaggerating when they complain about this job market—hiring hasn’t been this weak in almost a decade. Statistics Canada (StatCan) data shows fewer job vacancies i...
Royal Bank of Canada senior economist Claire Fan said in a May 8 report that Canada’s unemployment rate rose in April, but the underlying details were less alarming than the headli...
First month of gains after steep job losses in January and February
The Canadian economy has shed 112,000 jobs so far this year, the weakest four-month stretch since the COVID-19 pandemic in 2021.
Job vacancies edge closer to stability, but retail and construction keep shedding workers
A new report from the Financial Accountability Office of Ontario found job creation slowed in 2025, with 80,900 jobs created last year.
Canada's labour market holds steady amid ongoing economic uncertainty
The release of Q1 GDP pushed growth to a very slight negative number (-0.1% vs Bloomberg consensus +1.5% q/q AR), after a downwardly revised Q4 print. Lots of skeptical commentary...
StatCan shows surprises in turbulent jobs market
Only 11% of those polled by Angus Reid said job market was 'good,' while just 2% described it as 'great'
Canada’s seemingly stable jobless rate is hiding widening disparities among cities (and provinces), according to BMO Capital Markets. The bank’s latest Labour Market Performance Ra...
With the Bank of Canada (BOC) still holding a balancing act between strong inflation and weak growth, will the upcoming jobs report tip the scales in a clearer direction?
A new map from Qualtrics explores global unemployment rates and their implications for economies and societies. Unemployment rates indicate the percentage of the workforce actively...
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