Canada’s Labor Market Is Cracking Under the Surface (opens in new tab)

Canada’s unemployment rate has now climbed to 6.9%, the highest level in six months, after the economy unexpectedly lost 17,700 jobs in April while economists had projected gains instead. More importantly, the country has now lost approximately 112,000 jobs during the first four months of 2026 alone, marking the steepest four-month employment decline since early […]