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Canada Unexpectedly Sheds Jobs, Unemployment Rises to 6.1%

Canada’s labor market unexpectedly lost jobs and the unemployment rate jumped to the highest level in more than two years, signaling greater slack in the economy that will test the central bank’s patient stance on rate cuts.


  • Apr 05 2024
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Canada Unexpectedly Sheds Jobs, Unemployment Rises to 6.1%
Canada Unexpectedly Sheds Jobs, Unemployment Rises to 6.1%
(Bloomberg) — Canada’s labor market unexpectedly lost jobs and the unemployment rate jumped to the highest level in more than two years, signaling greater slack in the economy that will test the central bank’s patient stance on rate cuts. Read More

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