Canadian labour market conditions appear to have deteriorated over the past year and a half, even though the unemployment rate has been unchanged. While net employment gains have been unusually weak lately, the unemployment rate hasn't risen because people have been leaving the labour force in droves. Indeed, the labour participation rate has fallen to multi-decade lows.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.