Canada Sees Unemployment Rate Dip to 6.7% as Job Market Picks Up Steam in December
2025-01-10
Global News
In a welcome sign for the Canadian economy, the unemployment rate decreased to 6.7% in December, driven by a significant surge in new job creation. According to the latest data from Statistics Canada, employers added a substantial 91,000 net new jobs, contributing to the downward trend in unemployment. This uptick in job growth is a positive indicator for the labour market, suggesting a strong finish to 2024. As the job market continues to gain momentum, Canadians can look forward to increased economic opportunities and growth. Key factors such as job creation, labour market trends, and economic indicators will be closely watched in the coming months to gauge the country's economic health.