Canadian labour market 2025

In a surprising blow to Canada’s economy, August 2025 saw a sharp drop of 66,000 jobs, extending a troubling trend that started in July. The employment rate dipped to 60.5%, while the unemployment …

The Canadian economy entered 2025 with renewed momentum—growth had broadened across sectors, consumer debt ratios were falling, and job creation surged. But by late winter, rising trade tensions with the …