Canadian Unemployment Claims Rip To 2008 High, Disqualifications Soar

Canada’s tight labor market is getting more questionable with each data release. Statistics Canada (Stat Can) data reveals employment insurance (a.k.a. unemployment) claims jumped in July. Excluding the pandemic, the country hasn’t seen this many claims since 2008. The surge occurred alongside a major uptick in claim disqualifications. Canada Has Seen A Major Uptick In … Read more