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Canada Faces Job Losses: 84,000 Positions Vanish in February

3/14/2026

46 11 Full Breakdown

Summary

Story summary

Canada lost 84,000 jobs in February, as Statistics Canada reports, with employment falling 0.4% for the month.
The unemployment rate rose to 6.7% in February.
The number of full-time workers facing chronic unemployment has surpassed levels seen during the pandemic.
Young workers aged 15 to 24 lost 47,000 jobs, while men aged 25 to 54 lost 41,000.
The youth unemployment rate stands at 14.1%.

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Story summary

Canada lost 84,000 jobs in February, as Statistics Canada reports, with employment falling 0.4% for the month.
The unemployment rate rose to 6.7% in February.
The number of full-time workers facing chronic unemployment has surpassed levels seen during the pandemic.
Young workers aged 15 to 24 lost 47,000 jobs, while men aged 25 to 54 lost 41,000.
The youth unemployment rate stands at 14.1%.