Canada’s unemployment rate reached its lowest point in over 40 yearsJanuary 08, 2018
Canada’s unemployment rate reached its lowest point in over 40 years in December, according to a labour force survey released by Statistics Canada on Friday morning.
Each Canadian province felt these decreases differently, with some gaining over 26,000 jobs over the course of the month and others still losing more than 2,000.
According to Audra Bowlus, Chair of the Department of Economics with Western University, decreasing unemployment across the country can often be traced to the stabilization of the Canadian dollar.
Bowlus spoke with Global News, providing a province-by-province breakdown of Canada’s record-low unemployment rates.
Read full coverage at Global News.