Labour Market
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Canada added 54,000 jobs in November as unemployment rate fallsCanada's national unemployment rate fell 0.4 per cent in November to 6.5 per cent, and marks the second straight monthly decline in the unemployment rate.EconomyDec 5
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‘Warning lights are flashing,’ economist says as unemployment hits 7.1%Statistics Canada says unemployment in Canada climbed for the second straight month in August to 7.1 per cent from 6.9 per cent in July, while shedding 66,000 jobs last month.EconomySep 5
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Federal summer jobs site set for 50% jump in users as postings stay steadyDemand for summer jobs this year may far outweigh the number of available positions, according to the government of Canada, citing website data reports.CanadaMay 23
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Still can’t find a summer job? Why experts say it’s ‘brutal out there’The job market is struggling amid the trade war sparked by U.S. President Donald Trump's tariff policies, and young Canadians are especially impacted as summer approaches.EconomyMay 22
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Bank of Canada hopes job growth will ‘pick up’ amid rate cuts: MacklemBank of Canada governor Tiff Macklem says the health of the labour market is one consideration feeding into the central bank's interest rate decisions.EconomySep 10, 2024
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Can Canada’s labour force rebound after baby boomers retire?The study shows the labour force participation rate will likely continue to decline until 2030, when the last baby boomer cohort retires, then is likely to stabilize.CanadaAug 7, 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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Holiday job postings down 30% amid cooling labour market: IndeedCanadian postings for seasonal holiday jobs are down 30 per cent from a year ago so far, according to Indeed, amid a softening economy and cooling labour market.CanadaNov 9, 2023
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Canada’s job market is ‘softening’. What that could mean for interest ratesCanada'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.CanadaNov 3, 2023
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Millennials set to face most economic pain in months ahead, RBC says. Here’s whyMillennials who are saddled with debt such as costly mortgages might well bear the brunt of higher interest rates in the months to come, a new RBC report argues.MoneyAug 23, 2023
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