April 4, 2025, 9:20 am
Statistics Canada reports a significant decline in employment with 33,000 jobs lost in March—the largest drop since January 2022. The unemployment rate climbed from 6.6% in February to 6.7% in March, reflecting broader economic challenges and prompting close market monitoring by experts.
Tariff uncertainty to continue to weigh on economy and hiring
An 80-year-old Quebec woman says she's trying to find a new job to try and make ends meet and help pay off her debts amid the high cost of living.
Canada shed 33,000 jobs in March and unemployment increased 0.1 per cent to 6.7 per cent as companies shift gears amid a broader trade war.
Statistics Canada says this is the biggest monthly job loss since January 2022, and comes as the U.S. posts unexpectedly high job gains.
Statistics Canada reports a loss of 33,000 jobs in March—the largest decline since January 2022—as the unemployment rate rose from 6.6% in February to 6.7%, partially erasing earlier job gains.
Largest decrease in employment since January 2022
Hudson’s Bay closing most of its stores in June will cause job losses for its own employees and also for service workers in in-store salons, spas and similar providers at Hudson’s Bay and Saks locations.
10 stories from 6 sources in 7 days ago ... #economy #employment #business #labour #provincial #global-trade #quebec #tariffs
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