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Canada Labour Force Survey, January 2026
Employment edged down in January (-25,000; -0.1%) and the employment rate decreased 0.1 percentage points to 60.8%. The unemployment rate fell by 0.3 percentage points to 6.5%, as fewer people searched for work. In January, employment fell by 27,000 (-0.4%) among core-aged women (25 to 54 years old). There was little employment change among the other major demographic groups. Fewer people were employed in manufacturing (-28,000; -1.5%), educational services (-24,000; -1.5%) and public administration (-10,000; -0.8%). At the same time, employment increased in information, culture and recreation (+17,000; +2.0%), ... (full story)
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Canada's January jobs numbers revealed
Statistics Canada revealed that Canada lost 25,000 jobs in January, with the employment rate falling 10 basis points to 60.8 per cent. This marks the first decline in the employment rate since August. Unemployment fell by 0.3 per cent as fewer people searched for work. The announcement comes up against economists' consensus. A Reuters poll showed that the expectation was for Canada to add 7,000 jobs in January, while RBC predicted a fall of 10,000 as some of the seasonal job gains in late 2025 were given back. The biggest job losses were in Ontario, which lost 67,000 jobs. Alberta added 20,000 jobs, leading ... (full story)
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