Canada's early-2026 job slump widens to six figures amid tariff headwinds
TL;DR Summary
Canada’s labor market deteriorated in early 2026, shedding over 100,000 full-time jobs in the first two months and lifting the unemployment rate to 6.7%, as US tariffs and trade tensions weigh on activity. Economists describe the report as worrisome, while the government highlights wage gains and a lower unemployment rate than a year ago.
- Canada sheds more than 100,000 jobs in first two months of year BBC
- Canada's labor market dips sharply in February, unemployment rate up Reuters
- Canada's economy lost 84,000 jobs in February, unemployment rate ticked up to 6.7% CBC
- Canada sheds 83,900 jobs in February, unemployment rate rises to 6.7% The Globe and Mail
- Canada Sheds 83,900 Jobs, Unemployment Rate Rises to 6.7% Bloomberg.com
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