Jobs Report

• Jump in unemployment rate puts Bank of Canada in a ‘tricky spot’. Here’s why

  Statistics Canada says the unemployment rate hit 6.1 per cent in March amid a loss of 2,200 jobs and a rapidly growing labour pool.

  Economy

  Apr 5
  
• Job seekers could soon face an ’employer’s market’ as unemployment rate rises

  Canada's unemployment rate ticked back up to 5.8 per cent in February as population growth continues to outpace job creation in the country.

  Economy

  Mar 8
  
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• December’s jobs report is a ‘mixed bag’ for the Bank of Canada. Here’s why

  Canadian employment was "virtually unchanged" in the final month of 2023, Statistics Canada says, with the unemployment rate holding steady at 5.8 per cent.

  Economy

  Jan 5
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• Canada’s job market is ‘softening’. What that could mean for interest rates

  Canada's unemployment rate rose to 5.7 per cent in October despite a gain of 18,000 jobs. Economists say it's a sign of 'softening' in the labour market.

  Canada

  Nov 3, 2023
• Canada’s jobs market shows signs of ‘fraying’. What it means for the Bank of Canada

  The job report is the last major economic data release before the Bank of Canada announces its interest rate decision on Wednesday.

  Economy

  Jul 7, 2023
• Unemployment rate rises for the 1st time since August amid ‘cracks’ in job market

  The unemployment rate rose to 5.2 per cent in May, Statistics Canada said, with the Bank of Canada watching closely as it weighs future interest rate decisions.

  Economy

  Jun 9, 2023
• Is Canada heading for a ‘jobful recession’? What the latest data shows

  An uptick in part-time work could be a sign that Canadian employment remains steady but weaker even if the economy contracts this year, one expert says.

  Economy

  May 5, 2023
• Canada’s job market ‘juggernaut’ refuses to crack. Do interest rates need to rise?

  The national unemployment rate held steady at 5.0 per cent in March, according to Statistics Canada. Will the Bank of Canada try to slow the economy further?

  Economy

  Apr 6, 2023
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• Canada’s jobs market ‘refuses to cool.’ What does that mean for our central bank?

  Statistics Canada said in its latest Labour Force Survey that the nation's employers collectively added 22,000 jobs last month as the unemployment rate held at 5.0 per cent.

  Economy

  Mar 10, 2023
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• It was a ‘blowout’ jobs gain in January. What could this mean for rate hikes, recession?

  Canada's labour market remains tight as the unemployment rate held just above the record-low at 5.0 per cent amid a surge of 150,000 new jobs in January.

  Economy

  Feb 10, 2023