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Empty chairs

The unemployment rate remained at a low 4.2%

Stick figures

Layoffs remain historically low as economy shows early signs of slowing

wood cut-outs

Businesses continue to hold onto workers despite fears of an economic slowdown

People icon

Biggest job decline since 2022 brought the unemployment rate for March to 6.7%

Stick figures

Hiring slows from January, but job market remains healthy

Canadian flag and chart

Canadian economy could shrink 5.4% for the quarter

Businessman Stop Domino Effect. Risk Management and Insurance Concept

Small firms brace for uncertainty as hiring plans weaken

jobless puzzle pieces

The outlook for the labour market is murky as Trump wages a trade war with foreign countries

Job search

But the unemployment rate ticked up slightly to 4.1% as the number of jobless Americans rose

Stick figures

The Canadian economy added just 1,100 jobs last month