OTTAWA — Jobs figures from Statistics Canada show Canadian employers largely put their hiring plans on ice in February. The agency says employment was “virtually unchanged” last month amid a gain of just 1,100 jobs across the country, falling short of economists’ expectations. Canada’s unemployment rate held steady at 6.6 per cent as population growth […]
Canadian employers slowed hiring in February due to anticipation of tariff impacts and harsh winter weather, resulting in a net gain of only 1,100 jobs. While the unemployment rate remained steady, full-time positions decreased, offset by part-time gains. Some economists suggest the Bank of Canada may consider an interest rate cut due to the weak job market and potential economic impact of trade disputes.
