Canada Unemployment Rate May 2026

Since we’ve slipped in a “technical recession”

what’s the difference between a technical recession and recession?

technical recession is strictly GDP declining for 2 or more quarters in a row, while real recession includes unemployment rates, falling income / sales and takes a bit longer to be defined

Yup and no other G7 nation is in one, thank a Liberal there’s tons of em on here..

thanks for your constant whining the problem is getting solved

Pandu, let me guess TFW?

1.7

2.7

Recession is usually a sign of lack of hiring. Employers will try and hold o. for the next couple months but the layoffs are gone get worse next quarter.

hoping it’s 8-9%. That’s a great number Lol

not 6 or 7? 😜😜😜😜😜😜😜

6.75

at least 7