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CP174635986 | Canada's jobs market 'treading water' as unemployment rate rises to 7% in May
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Placeline/People
State Province
Ontario
Country
Canada
Newsroom Ready: Canada's jobs market 'treading water' as unemployment rate rises to 7% in May
The latest labour data from Statistics Canada shows the unemployment rate rose again, to seven per cent in May. Economists say the job market was recovering through the end of 2024, but that the headwinds of the trade war with the U.S. are putting strain on some parts of the economy. (June 6, 2025)
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Information
Source name:
The Canadian Press
Unique identifier:
CP174634805
Legacy Identifier:
r_StatCan-Jobs20250606T1530
Type:
Video
Duration:
1m12s
Dimensions:
1920px × 1080px 64.17 MB
Usage rights:
FOR ONE TIME USE ONLY. NO STORAGE FOR FUTURE USE.
Create Date:
6/6/2025 3:30:00 PM
Display aspect ratio:
16:9
Tags
Bank of Canada
business
business and finance
central bank
economy
interest rates
job
job market
news
statistics
statistics canada
unemployment