Canada added 15,000 jobs in April and the unemployment rate fell slightly to 5.2% as the job market remained heated, according to data released by Statistics Canada on Friday. There is no sign that this tight market will ease any time soon. In addition to the modest number of jobs added, the ... READ MORE >
Canada unemployment
Canada’s unemployment rate lowest in nearly five decades
Canada added 73,000 jobs in March, a relatively modest gain that still helped push the unemployment rate down to 5.3%, the lowest since 1976, according to data released by Statistics Canada on Friday. It is not a coincidence that the unemployment rate is so low while inflation is at its highest level ... READ MORE >
Canada’s job market is strong but uncertainty lies ahead
The Canadian economy added 337,000 jobs in February as the reopening of the economy more than offset the job losses in January because of the omicron variant, according to data released by Statistics Canada on Friday. The unemployment rate dropped to 5.5%, for the first time falling below the ... READ MORE >
Although U.S. jobs report outshined Canada’s, Canadian outlook remains promising
Recent jobs reports have left some Canadians feeling out in the cold, especially when comparing numbers to our neighbors in the United States. However, as the initial shock of the Feb. 4 Canadian jobs report wears off, it’s clear that Canada is still firmly on the road to strong economic growth in 2022 ... READ MORE >
Canada’s unemployment rate rises as omicron spreads
Canada lost 200,000 jobs in January as the omicron variant led to tightened restrictions across the country, according to data released by Statistics Canada on Friday. Unemployment rose for the first time in nine months by 0.5 percentage points to 6.5%. Workers who had to quarantine without ... READ MORE >
Canada’s unemployment rate approaches pre-pandemic level
Canada added 153,700 jobs in November, bringing the unemployment rate down to 6% as it approaches the pre-pandemic level, according to data released by Statistics Canada on Friday. The report was a sign that Canada’s heated labour market was finally benefiting workers who have been left out of the ... READ MORE >