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Canada’s unemployment rate drops below 5%, the lowest in Canadian history

Canada’s unemployment rate drops below 5%, the lowest in Canadian history

Canada’s unemployment rate drops below 5%, the lowest in Canadian history

July 12, 2022
Canada’s unemployment rate drops below 5%, the lowest in Canadian history

June’s Labour Force Survey from Statistics Canada shows Canada’s labour market is still tightening, making it difficult for Canadian employers to find workers. Employment fell by 43,000 last month. It marks the first employment decline not associated with public health restrictions since the beginning of the pandemic. The reason employment fell is mainly due to
The post Canada’s unemployment rate drops below 5%, the lowest in Canadian history first appeared on CIC News.

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