Lorne Gunter: Canada's youth employment crushed under Liberal policy |
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Lorne Gunter: Canada's youth employment crushed under Liberal policy
Canadian economy has lost 112,000 jobs just since January, the weakest four-month stretch since the pandemic
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The Canadian economy has lost 112,000 jobs just since January. That’s the weakest four-month stretch since the pandemic. The unemployment rate has climbed to 6.9 per cent.
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But a closer look at the numbers released Friday by Statistics Canada reveals two even more disturbing trends.
The job losses in the first four months of 2026 were “almost entirely concentrated in full-time work.” And young workers were harder hit by layoffs than any other age group.
Our economy has lost 111,000 full-time jobs just since January. This is concerning because full-time employees are often the top providers for their families. Having them out of work is a particular strain on families and communities.
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