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Labor Market in Canada

Persistent Job Vacancies Indicate Robust Labor Market in Canada

In the aftermath of the COVID-19 pandemic, Canada is witnessing encouraging signs of economic recovery, as suggested by Statistics Canada’s latest Labor Force Survey. The report, covering September 2023, highlights a stable unemployment rate of 5.5%, consistent with the rate at the beginning of the year. Concurrently, the employment rate remained steady at 62% throughout...