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flag Canada’s job loss forecast hits 5,000 in December, with unemployment rising to 6.6%.

flag Statistics Canada is set to release December labour market data, with economists forecasting a loss of 5,000 jobs and the unemployment rate rising to 6.6 percent, though some predict a sharper decline of 35,000 jobs and a rate of 6.8 percent. flag Despite adding 181,000 jobs from September to November, December’s slowdown is expected in trade-exposed sectors. flag The report will serve as the Bank of Canada’s final pre-decision assessment before its first interest rate decision of 2026.

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