Canada: Modest Job Losses Help Make the Case for Another Rate Cut Net total Canadian employment fell by 1 4k in June 2024 and the unemployment rate rose to 6 4% Quebec drove most of the job losses, but we’re still seeing labour markets weaken across most of the country
Indeed: Canada’s Job Market Faces Crisis as Unemployment Has Path To 7. . . . Adding to the problem is a dramatic decline in job-switching rates, which have fallen to 0 43%—far below the pre-pandemic average of 0 7% This lack of mobility within the labor market limits career advancement and wage growth opportunities for workers across all age groups
CRA cutting up to 280 permanent jobs - CTV News OTTAWA — Top officials at the Canada Revenue Agency say mounting job cuts will impact how the agency is able to deliver services Commissioner Bob Hamilton and deputy commissioner Jean-Francois
Canada Loses 33,000 Jobs, Most Since 2022; Bonds Rally Employment fell by 33,000 positions last month, pushing the jobless rate up 0 1 percentage point to 6 7%, Statistics Canada reported Friday Economists in a Bloomberg survey were expecting the economy to add 10,000 jobs, with unemployment rising to 6 7%