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Canada Adds 76,000 Jobs, Unemployment Drops to 6.6%

  • Canada's unemployment rate fell to 6.6% in January, down from 6.7% in December, marking the second consecutive monthly decline, as reported by Statistics Canada.
  • The economy added 76,000 jobs in January, a decrease from 91,000 in December, but still a significant gain, according to Statistics Canada.
  • Youth unemployment decreased to 13.6% from 14.2%, with employment among those aged 15 to 24 rising by 1.1%, according to Statistics Canada.
  • Despite job growth, 1.5 million people remain unemployed, indicating ongoing challenges in the labor market, according to Statistics Canada.
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City News broke the news in Toronto, Canada on Friday, February 7, 2025.
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