Labour Force Update Feb 7, 2025

A man looks at his computer, appearing stressed. Canadian and US flags in the background

Canada’s job market continued to expand in January, adding 76,000 jobs (+0.4%), according to the latest Statistics Canada report.1 The employment rate rose by 0.1 percentage points to 61.1%, marking the third consecutive month of growth. The unemployment rate declined slightly to 6.6%, down 0.1 percentage points from December. Employment gains in January follow increases […]