Unemployment has risen mainly because jobs are hard to find, but layoffs remain low https://www.bankofcanada.ca/?p=241424 Unemployment rate (left scale) Layoff rate (right scale) Job finding rate (right scale) Entry from outside the labour force into unemployment (right scale) Other (right scale) 6.120.000.000.000.00 6.10-0.120.12-0.080.06 6.20-0.070.12-0.040.07 6.19-0.070.10-0.020.06 6.15-0.040.20-0.220.09 6.120.030.14-0.180.01 6.16-0.020.24-0.170.00 6.17-0.010.21-0.160.01 6.310.100.000.030.06 6.380.180.04-0.060.10 6.710.330.26-0.110.10 7.020.490.31-0.120.23 7.540.670.49-0.010.27 8.100.890.490.130.47 8.310.900.650.100.54 8.420.890.820.110.48 8.630.960.860.150.55 8.790.960.890.180.65 8.790.860.960.180.67 8.760.771.080.110.68 8.510.691.060.050.59 8.550.581.130.100.62 8.580.541.19-0.030.77 8.600.631.210.010.63 8.370.541.26-0.060.51 8.380.441.220.170.43 8.300.441.090.230.42 8.200.361.170.140.41 8.130.421.23-0.040.40 8.020.361.010.130.41 8.190.391.240.000.44 8.210.421.070.100.49 8.190.231.090.210.54 8.070.231.100.020.59 7.850.310.86-0.030.59 7.840.290.97-0.040.49 7.840.180.94-0.010.61 7.850.180.920.050.58 7.830.171.10-0.070.52 7.790.121.070.000.48 7.730.100.920.310.28 7.67-0.071.050.220.35 7.41-0.071.08-0.110.40 7.360.180.93-0.210.35 7.440.240.98-0.240.34 7.500.230.96-0.070.27 7.610.220.950.090.22 7.500.180.950.030.23 7.680.201.04-0.060.38 7.570.250.85-0.020.38 7.330.160.70-0.050.40 7.400.160.590.070.47 7.540.110.740.250.31 7.390.060.860.270.09 7.290.090.770.170.15 7.360.130.770.140.19 7.360.100.900.050.20 7.410.140.890.010.26 7.350.120.88-0.140.36 7.190.060.77-0.030.27 7.080.110.720.040.09 7.030.050.800.000.06 7.270.081.08-0.030.03 7.190.120.930.020.01 7.010.070.85-0.050.03 7.160.190.85-0.020.03 7.280.300.650.160.05 7.220.210.720.060.11 7.080.120.77-0.010.08 7.190.140.94-0.050.05 7.110.080.98-0.130.06 7.390.091.13-0.170.22 7.210.051.12-0.170.09 7.21-0.011.22-0.230.11 7.090.001.12-0.180.02 7.110.021.03-0.130.08 7.25-0.021.07-0.040.13 7.140.010.750.160.12 7.08-0.020.940.07-0.03 7.00-0.091.07-0.02-0.07 7.00-0.050.87-0.030.10 6.80-0.020.81-0.11-0.01 6.80-0.040.90-0.10-0.08 6.67-0.030.77-0.17-0.02 6.77-0.010.93-0.27-0.01 6.890.150.86-0.15-0.10 6.850.100.92-0.17-0.13 6.930.090.890.03-0.19 6.830.060.97-0.15-0.17 6.85-0.010.710.18-0.16 6.93-0.170.840.26-0.12 7.03-0.110.950.19-0.13 7.05-0.010.960.06-0.08 6.95-0.030.910.03-0.08 7.090.050.970.04-0.08 7.220.141.07-0.02-0.10 7.250.181.19-0.20-0.03 7.270.221.03-0.210.11 7.210.111.08-0.230.13 7.26-0.091.24-0.060.06 7.01-0.021.090.09-0.26 6.90-0.051.17-0.12-0.22 6.95-0.151.21-0.09-0.14 6.87-0.140.950.01-0.06 6.99-0.131.010.11-0.11 6.92-0.161.16-0.01-0.19 6.82-0.051.120.09-0.46 6.92-0.021.120.02-0.31 6.78-0.180.900.09-0.14 6.61-0.330.960.12-0.27 6.67-0.330.890.23-0.24 6.48-0.391.020.19-0.45 6.64-0.430.780.53-0.36 6.49-0.460.880.31-0.35 6.30-0.450.900.09-0.37 6.19-0.350.630.17-0.37 6.25-0.380.810.08-0.38 6.36-0.320.730.01-0.17 6.14-0.240.59-0.05-0.28 6.03-0.320.54-0.02-0.29 5.87-0.410.460.00-0.29 5.97-0.480.610.07-0.35 5.81-0.550.71-0.07-0.40 5.82-0.630.520.13-0.33 5.86-0.750.660.22-0.40 5.98-0.700.620.33-0.39 5.86-0.580.550.24-0.47 5.97-0.480.750.12-0.54 5.83-0.500.660.07-0.52 5.71-0.450.50-0.10-0.35 5.71-0.490.50-0.25-0.17 5.66-0.460.46-0.20-0.27 5.71-0.520.53-0.13-0.29 5.76-0.510.62-0.21-0.26 5.86-0.600.70-0.04-0.32 5.74-0.590.210.17-0.17 5.45-0.600.250.09-0.42 5.58-0.540.410.00-0.42 5.75-0.450.42-0.01-0.33 5.77-0.500.310.07-0.23 5.64-0.350.17-0.12-0.18 5.63-0.360.47-0.40-0.20 5.91-0.130.47-0.42-0.12 5.62-0.260.40-0.43-0.20 5.50-0.440.49-0.54-0.14 5.74-0.440.61-0.40-0.15 8.352.340.78-0.65-0.24 13.646.610.93-0.170.14 14.105.430.380.371.80 12.433.95-0.310.292.37 10.992.51-0.080.451.99 10.161.790.220.741.29 9.181.460.560.001.05 9.031.520.58-0.130.94 8.661.330.76-0.280.73 8.931.300.93-0.250.83 9.241.390.840.100.80 8.511.000.350.330.71 7.720.540.310.190.56 8.240.550.630.670.27 8.280.530.900.530.20 7.890.320.510.850.09 7.440.120.680.63-0.11 7.140.090.740.37-0.18 7.04-0.020.760.30-0.12 6.47-0.080.470.21-0.25 6.13-0.170.350.17-0.34 5.94-0.280.280.23-0.41 6.48-0.220.500.61-0.52 5.46-0.50-0.280.65-0.52 5.37-0.590.110.29-0.56 5.35-0.750.270.31-0.60 5.20-0.840.250.34-0.67 4.97-0.850.44-0.03-0.70 4.84-0.790.55-0.34-0.70 5.24-0.610.50-0.19-0.58 5.13-0.540.34-0.13-0.65 5.13-0.590.39-0.23-0.55 5.07-0.620.31-0.14-0.60 4.97-0.630.34-0.23-0.63 5.01-0.690.34-0.29-0.47 5.09-0.640.45-0.26-0.57 5.08-0.720.58-0.27-0.63 5.10-0.730.57-0.19-0.67 5.25-0.690.31-0.01-0.48 5.45-0.670.57-0.04-0.53 5.49-0.630.76-0.27-0.49 5.54-0.640.61-0.05-0.50 5.58-0.590.68-0.17-0.45 5.74-0.620.87-0.21-0.43 5.75-0.541.05-0.57-0.31 5.77-0.571.04-0.58-0.24 5.67-0.620.88-0.42-0.29 5.82-0.590.96-0.41-0.27 6.08-0.560.97-0.18-0.28 6.13-0.630.81-0.02-0.15 6.24-0.661.040.02-0.28 6.42-0.571.23-0.07-0.29 6.38-0.531.05-0.01-0.26 6.63-0.611.310.14-0.33 6.49-0.601.35-0.12-0.26