Canada's Youth Job Market Slumps Most Among World's Major Economies

Canada's youth job market slumps most among world's major economies

Young Canadians are facing a labour market that has deteriorated faster than in any other major advanced economy.

Softening Canadian Labour Market May Be Reaching A Bottom - Data Intelligence

The Canadian labour market has weakened significantly since the beginning of the year with the unemployment rate hitting 7% in May—but it may be reaching a bottom soon. Slowing has been significant, but is concentrated in sectors and regions most exposed to international trade headwinds. Manufacturing lost 55,000 jobs since January and the unemployment rate in parts of Southern Ontario that are manufacturing hubs are well above the national aver…

Softening Canadian Labour Market May Be Reaching a Bottom - Action Forex

The Canadian labour market has weakened significantly since the beginning of the year with the unemployment rate hitting 7% in May—but it may be reaching a bottom soon. Slowing has been significant, but is concentrated in sectors and regions most exposed to international trade headwinds. Manufacturing lost 55,000 jobs since January and the unemployment rate […] The post Softening Canadian Labour Market May Be Reaching a Bottom appeared first on …

Has Canadian unemployment peaked?

Canada’s labour market has softened sharply since the start of the year, with the unemployment rate reaching 7% in May, but signs suggest the slowdown could be nearing its end. In a recent report, RBC economists Nathan Janzen and Claire Fan noted that much of the weakness has been concentrated in industries and regions more […] Source