Unemployment Rate

• Lethbridge bucks the trend, gains ground amid national job losses

  As Canada suffered 33,000 job losses in March, Lethbridge managed to fill 400 new positions despite seeing the unemployment rate rise slightly.

  Economy

  Apr 4
  
• BMO changes rate cut call after surprise jump in Canada’s jobless rate

  The 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.

  Economy

  Dec 6, 2024
  
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• Labour force participation rate hits 27-year low, outside the pandemic

  Canada'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.

  Economy

  Nov 8, 2024
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• Jobless rate drops to 6.5% in September. What that means for rate cut hopes

  Statistics 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.

  Economy

  Oct 11, 2024
• Bank of Canada hopes job growth will ‘pick up’ amid rate cuts: Macklem

  Bank of Canada governor Tiff Macklem says the health of the labour market is one consideration feeding into the central bank's interest rate decisions.

  Economy

  Sep 10, 2024
• Canada’s unemployment rate hits 7-year high in August

  More signs of weakness in the Canadian labour market have some economists wondering if the Bank of Canada should pick up the pace of cuts.

  Economy

  Sep 6, 2024
• July jobs report ‘does nothing to dissuade’ more rate cuts: economists

  Economists 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.

  Economy

  Aug 9, 2024
• 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.

  Economy

  Aug 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.

  Economy

  Jul 10, 2024
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• Jobless rate rises to 6.4% in June. Here’s how the Bank of Canada might react

  The 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.

  Economy

  Jul 5, 2024