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Canada's January Job Market Softens: 6.5% Unemployment Rate Hides Participation Decline.

Araverus Team|Friday, February 6, 2026 at 5:11 PM

Araverus Team

Feb 6, 2026 · 5:11 PM

Canada Economy · Job Market · Labor Participation · Unemployment Rate

Canada Economy Job Market Labor Participation Unemployment Rate

Canada's job market started the year weakly, with a decrease in job participation leading to a drop in the unemployment rate to 6.5%, despite a loss of 24,800 jobs in January.

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Canada's January Job Market Softens: 6.5% Unemployment Rate Hides Participation Decline.

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