Canada’s Unemployment Drops To 6.6%, Despite Tariff Threats
Allwork
FEBRUARY 7, 2025
Canada’s unemployment rate unexpectedly fell again and the economy posted solid job gains, data showed on Friday, in signs that joblessness was starting to ease from an eight-year peak, barring the pandemic years, in November. The January unemployment rate was 6.6%, a notch below the 6.7% seen in the prior month, and the economy added a net 76,000 jobs, down from a revised 91,000 jobs added in December but still a robust gain.
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