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Canada’s Unemployment Rate At Lowest Level Since October 2008

Canada’s unemployment rate has dropped to 6.3 per cent, its lowest point since 2008 with the addition of almost 11,000 jobs.

New Brunswick, meantime, has recorded its lowest unemployment rate in 40 years at 6.5 per cent as thousands of people have left the labour force.

One reason cited for the big drop is the fact thousands of people have left the work force, New Brunswick now has around 8 thousand fewer jobs than a decade ago.

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May 11, 2026
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