Unemployment Rate
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Lethbridge bucks the trend, gains ground amid national job lossesAs Canada suffered 33,000 job losses in March, Lethbridge managed to fill 400 new positions despite seeing the unemployment rate rise slightly.EconomyApr 4
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BMO changes rate cut call after surprise jump in Canada’s jobless rateThe November jobs figures are the final major economic data release before the Bank of Canada makes its last interest rate decision of the year on Dec. 11.EconomyDec 6, 2024
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Labour force participation rate hits 27-year low, outside the pandemicCanada's labour market added roughly 15,000 jobs in October, enough to keep the unemployment rate steady at 6.5 per cent in the month.EconomyNov 8, 2024
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Jobless rate drops to 6.5% in September. What that means for rate cut hopesStatistics Canada said Friday that job gains were focused in full-time work and in the private sector, offset by losses in part-time roles and public employment.EconomyOct 11, 2024
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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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Canada’s unemployment rate hits 7-year high in AugustMore signs of weakness in the Canadian labour market have some economists wondering if the Bank of Canada should pick up the pace of cuts.EconomySep 6, 2024
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July jobs report ‘does nothing to dissuade’ more rate cuts: economistsEconomists reacting to July's job figures say there's little in the labour force data to dissuade the Bank of Canada from further cuts to the benchmark interest rate.EconomyAug 9, 2024
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What is the Sahm rule, and why are U.S. market watchers ‘freaking out?’The 'Sahm rule' has been triggered in the United States. Here's what this indicator typically means for recessions and what Canadians should know.EconomyAug 8, 2024
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Canadian youth face the toughest summer job market in decades. Why?Canadian youth are facing one of the hardest summer job markets in decades. Here's why it's so hard to land that first job, and what young workers can do to stand out.EconomyJul 10, 2024
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Jobless rate rises to 6.4% in June. Here’s how the Bank of Canada might reactThe unemployment rate rose to 6.4 per cent in June. Here's what economists and markets are saying about the impact the data could have on the Bank of Canada's interest rate.EconomyJul 5, 2024
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