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.
54 Articles
54 Articles
Canada adds 76,000 jobs in January as unemployment rate falls to 6.6% - MRO Magazine
Canada’s unemployment rate ticked down in January as the labour market added 76,000 jobs, beating economist expectations for the month. The jobless rate ticked down 0.1 percentage points to 6.6 per cent, marking the second straight monthly decline after peaking at 6.9 per cent in November, Statistics Canada reported on Friday. Economists polled by Reuters had expected about a third of that job growth, and for the unemployment rate to rise slight…

'Serious momentum': Jobs data blows past estimates as unemployment falls to 6.6%
OTTAWA — Canada's unemployment rate ticked down in January as the labour market added 76,000 jobs, beating economist expectations for the month and furthering speculation the Bank of Canada could decide against an interest-rate cut next month.
Construction sector adds to its labour ranks in January - On-Site Magazine
Employment gains, by sector, in January. (Source: Statistics Canada, Labour Force Survey (3701), table 14-10-0355-01.) January employment growth in Canada’s construction sector outpaced the rate of increase in the rest of the economy by a factor of three, according to the most recent Labour Force Survey from Statistics Canada. The industry saw 19,000 more workers than in December, an increase of 1.2 per cent. That built on a net increase of 47,0…
Canada’s Unemployment Rate Drops Again in January, Job Gains Solid
OTTAWA—Canada’s unemployment rate unexpectedly fell again and the economy posted solid job gains, data showed on Friday, in signs that joblessness was starting to ease from an eight-year peak, barring the pandemic years, in November. The January unemployment rate was 6.6 percent, a notch below the 6.7 percent seen in the prior month, and the economy added a net 76,000 jobs, down from a revised 91,000 job added in December but still a robust gain…
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