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Canada’s unemployment rate jumped by more than expected, raising questions about whether the labor market is loosening at a pace that would justify larger interest rate cuts. The jobless rate ...
Canada's unemployment rate rose to a 29-month high of 6.4%, data showed on Friday, highlighting that people might be losing jobs as the labor market struggles to absorb a rapidly swelling population.
Canada's unemployment rate has risen by 1.6 percentage points since January 2023, which some economists have called alarming and pressed for deeper rate cuts to prop up growth.
OTTAWA—Canada’s economy shed jobs for the first time in nine months, nudging the jobless rate up slightly in May even as wage growth remained elevated. The decline in employment was focused on ...
Canada's economy lost a slight 1,400 jobs in June and the unemployment rate was 0.2 percentage point higher at 6.4%, Statistics Canada reported Friday.
Canada’s labor market added fewer jobs than the rise in the working-age population, pushing the unemployment rate higher and keeping more rate cuts on the table from the central bank this year.
Canada unexpectedly shed jobs in May and the unemployment rate rose for the first time in nine months, data showed on Friday, a first sign of employment softness after the central bank hiked rates ...
The unemployment rate in this category dropped to 13.6% from 14.2%, Statscan said. The average hourly wage growth for permanent employees was at 3.7%, slightly down from the revised 3.8% in December.
Canada Unemployment Rate Dips Again in January to 6.6% The economy added 76,000 jobs last month, Statistics Canada said By Robb M. Stewart Feb. 7, 2025 1:19 pm ET | WSJ Pro ...
Windsor has the highest unemployment rates in Canada. Today, Workforce Windsor-Essex launched a new Youth Employment Work ...