February 6, 2026
RED FM News Desk
Canada’s unemployment rate declined to 6.5 per cent in January as fewer people searched for work, according to new data from Statistics Canada.
The Labour Force Survey shows the jobless rate fell 0.3 percentage points from 6.8 per cent in December, after the number of unemployed Canadians dropped by 94,000, or 6.1 per cent.
Statistics Canada said January marked the lowest unemployment rate since September 2024 and was down more than half a percentage point from a recent high of 7.1 per cent recorded last August and September.
The labour force participation rate the share of working-age Canadians who are employed or actively seeking work also fell, slipping 0.4 percentage points to 65 per cent in January following a modest increase the month before.
The agency noted the decline in participation was largely driven by Ontario.
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