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Canada Risk Investors Ontario Form

Canada Risk Investors Ontario Form

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the latest Canadian job reports out now and it paints a very interesting picture of Canada's economy on one hand we're seeing job growth and yet unemployment is creeping higher so what is going on here I want to break that down find out what these numbers really mean so let's start off with uh what the data says first off Canada added 51,000 jobs in November that's a0 2% bump there full-time positions they led the way with a gain of 54,000 jobs while part-time employment dipped slightly now on the face of it that would sound like pretty good news we want to see those full-time positions but there's a Twist here the unemployment rate it actually climbed by 0.3 percentage points came in at 6.8% that's now the highest since January 2017 you know if we strip out those pandemic years a reasonable question here to ask is why is this happening there are more Canadians entering the job market actively looking for work and that pushes up the unemp

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