Unemployment
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Ontario’s unemployment rate jumps to 7% even as ‘moderate’ job creation continuesA new report from the Financial Accountability Officer of Ontario found that new jobs were created in 2024, although the rate of growth slowed from previous, record-breaking years.EconomyApr 24
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Red Deer’s unemployment rate highest in Canada, other Alberta cities hold steadyOne economist warns the Statistics Canada report on unemployment rates aren't quite as grim as the data suggests, but says the threat of a trade war could change the market.EconomyFeb 10
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Bank of Canada rate cut in doubt after strong December jobs reportCanadian employers collectively added some 91,000 net new jobs last month, Statistics Canada said. Most of the growth was in full-time work.MoneyJan 10
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Youth unemployment is near decade-highs. What will it take to fix it?A new report is warning youth unemployment has reached a "troubling" high, hitting a level not seen since 2012, and it could cost the Canadian economy billions in the next decade.CanadaNov 19, 2024
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Job seekers could soon face an ’employer’s market’ as unemployment rate risesCanada's unemployment rate ticked back up to 5.8 per cent in February as population growth continues to outpace job creation in the country.EconomyMar 8, 2024
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Why more Canadian workers are motivated to find new jobs in an uncertain economyForty-two per cent of employed Canadians are already looking or plan to look for a new job in 2024, a new survey by Robert Half found.CanadaFeb 8, 2024
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December’s jobs report is a ‘mixed bag’ for the Bank of Canada. Here’s whyCanadian employment was "virtually unchanged" in the final month of 2023, Statistics Canada says, with the unemployment rate holding steady at 5.8 per cent.EconomyJan 5, 2024
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Why you need a new job search strategy for 2024Between layoffs and an uncertain economic outlook, many are suddenly searching for jobs, either covertly, or overtly, in the new year. And experts say it pays to be strategic.CanadaDec 31, 2023
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London-St. Thomas lost 900 jobs in November as jobless rate held steadyThe unemployment rate for the region had been on the rise from April to September, climbing over 1.5 per cent over that period.EconomyDec 1, 2023
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Jobs market cools in November. What that means for the Bank of CanadaCanada's unemployment rate rose in November amid a growing labour pool, with economists arguing a soft jobs report should be enough to keep interest rates from rising any further.CanadaDec 1, 2023
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