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Canada could lose jobs and still see unemployment fall. Here's why
Yahoo Finance Canada
Canada could lose jobs and still see unemployment fall. Here's why
The job market's sending mixed signals — and economists say things are about to get weirder
John MacFarlane • Senior Reporter
Thu, January 15, 2026 at 11:19 a.m. EST 3 min read
A “fundamental structural shift” in Canada’s job market means the unemployment rate could fall in the months ahead even if more jobs are lost than gained, according to a new report from RBC Economics.
A growing wave of baby boomers retiring, coupled with immigration curbs limiting population growth, is causing a significant drop in the number of new jobs needed to keep the unemployment rate steady, the report by economist Nathan Janzen says.
{snip}
Canada could lose jobs and still see unemployment fall. Here's why
The job market's sending mixed signals — and economists say things are about to get weirder
John MacFarlane • Senior Reporter
Thu, January 15, 2026 at 11:19 a.m. EST 3 min read
A “fundamental structural shift” in Canada’s job market means the unemployment rate could fall in the months ahead even if more jobs are lost than gained, according to a new report from RBC Economics.
A growing wave of baby boomers retiring, coupled with immigration curbs limiting population growth, is causing a significant drop in the number of new jobs needed to keep the unemployment rate steady, the report by economist Nathan Janzen says.
{snip}