Story perspectives
Canada's Jobless Rate Rises Amid Economic Concerns
9/4/2025
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Story summary
- Canada's jobless rate is increasing due to Trump's tariffs, resulting in slower salary growth and fewer hours worked.
- A survey indicates businesses expect a 3.1% salary increase in 2026, down from 3.2% in 2025.
- Labour productivity declined by 1% in Q2 2025, marking the largest drop since late 2022 and raising economic concerns.
