Dan Knight- Canada’s Labour Market Starts to Crack
The most important number isn’t jobs created. It’s people who couldn’t find work. In December, the number of unemployed Canadians jumped by 73,000 in a single month. The unemployment rate rose from 6.5 per cent in November to 6.8 per cent. That move alone wipes out much of the progress made in the fall and tells you the labour market isn’t tightening. It’s loosening.

