Canada | Employment numbers declined for the first time in over three years in March.
- byVic

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The latest data from Statistics Canada shows that employment decreased by 32,600 in March, marking the first decline in more than three years. The reduction was most significant in full-time jobs, and the unemployment rate rose to 6.7%. This change reflects the uncertainty of the tariff policies under the Trump administration in the United States, forcing companies to halt hiring or lay off workers.
According to the latest data, employment in Canada decreased by 32,600 in March, marking the first decline in more than three years. The impact was most significant on full-time jobs, with the unemployment rate rising from 6.6% in February to 6.7%. This change indicates that due to the uncertainty brought by the U.S. government's tariff policy, many businesses are choosing to pause recruitment or lay off employees.
- Trump's tariff policy affects the global economic situation, challenging business confidence.
- Experts point out that in the face of this situation, market conditions will continue to change.
- Recent stock market trends have attracted attention, and analysts have expressed opinions on multiple stocks.