Amid Trump tariff threat, Canadian economy adds 76,000 jobs

Canada’s system added 76,000 jobs successful January arsenic the state braced for the interaction of tariffs from U.S. President Donald Trump, marking the 3rd consecutive period of jobs growth.

The unemployment complaint fell by 0.1 percent points past month, bringing Canada’s unemployment complaint to 6.6 per cent, with the largest gains (33,000 jobs) coming from the manufacturing sector, Statistics Canada said successful its monthly labour unit survey.

The latest jobs report comes arsenic Canada faces the menace of Trump’s sweeping tariffs, which economists person warned could pb to wide layoffs, peculiarly successful Canada’s manufacturing sector.

The driblet successful Canada’s unemployment complaint was driven mostly by younker aged 15 to 24, whose unemployment complaint fell to 13.6 per cent, down from a caller precocious of 14.2 per cent successful August and December 2024.

Average hourly wages crossed Canada were up 3.5 per cent, oregon by $1.23 to $35.99, compared with January 2024. That marks a slowdown from yearly gains of 4.0 per cent successful December.

Since November, Canada has added a full of 211,000 jobs, with increases successful some full-time enactment (147,000 caller jobs) and part-time enactment (64,000 caller jobs).

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Ontario led the provinces successful employment growth, with 39,000 caller positions, portion B.C. followed successful 2nd spot with 23,000 caller jobs.