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1 revisions for "Canada's 84,000-Job February Collapse Exposes a Labor Market Under Siege"

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Anonymous10 days ago

Canada lost 84,000 jobs in February 2026, with full-time employment dropping by 108,000 positions as the unemployment rate climbed to 6.7% — the worst monthly decline in years outside the pandemic. The losses, concentrated in Quebec, wholesale and retail trade, construction, and among youth workers, reflect converging pressures from U.S. tariff uncertainty, the lagged effects of high interest rates, and a labor supply expanded by record immigration, leaving nearly two-thirds of unemployed Canadians without Employment Insurance coverage.

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