Mastodawn

He said the 84,000-position decline is the kind of reading you typically only see in the depths of a recession. “I don’t believe we’re in a recession,” Porter said, “but clearly the economy is struggling out of the gate in 2026.”
#Canada #economics #recession #depression #collapse #cdnecon #ontario #labor #jobs #employment https://share.google/98rprNDYC4xwP4M4J

‘Empty pit of despair’: Job seeker describes struggle as Canada posts biggest job loss in decades

In a drop that some economists are calling 'worrisome,' Canada’s labour market shed 84,000 jobs in February, one of the sharpest monthly declines seen outside the COVID-19 pandemic.

CTVNews