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Canada’s Jobless Rate Rises to 6.8% Despite December Hiring

          A employee sorts batteries on a conveyor belt at a recycling facility in Port Colborne, Ontario. Canada’s unemployment rate climbed to 6.8% in December , even though the economy added 8,200 jobs during the month. The increase in unemployment wasn’t driven by widespread layoffs but by a surge in the number of people entering the labour force and actively looking for work. December Highlights Unemployment rate: Up from 6.5% to 6.8% Employment: Net gain of 8,200 jobs Labour force: Expanded significantly, outpacing job creation Full-time work: Increased Part-time work: Declined Why the Rate Rose Economists point out that the rise in unemployment reflects renewed labour market participation , not a weakening economy. More Canadians felt confident enough to start job hunting, but hiring didn’t keep pace with the influx of job seekers. This marks the fourth straight month of employment growth , yet December also saw the largest increas...
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Federal Government Faces Mounting Pressure to Resolve Canada Post Strike

 

The ongoing Canada Post strike, now in its fourth week, is causing significant disruptions across the country, prompting calls for federal government intervention. The Retail Council of Canada (RCC) has urged the government to step in, highlighting the severe impact on businesses, especially during the critical holiday shopping season.

With over 55,000 postal workers on strike, retailers are struggling to meet customer demands and maintain operations. The RCC estimates that the retail sector has already incurred losses exceeding C$1 billion. The strike's timing, coinciding with the Black Friday and Cyber Monday sales, has exacerbated the situation, leaving many businesses unable to fulfill orders and receive payments.

Despite the mounting pressure, the federal government has so far resisted intervening, stating that the matter should be resolved through negotiations between Canada Post and the union. However, with the strike showing no signs of ending soon, the business community continues to push for government action to prevent further economic damage.

As the strike enters its 20th day, the RCC and other stakeholders are calling for a swift resolution to avoid further losses and ensure that businesses can operate smoothly during the holiday season.




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