Unemployment In Canada

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Canada is steadily approaching a transitory stage in it's economy that will likely translate to higher unemployment rates over the next few years. Unemployment refers to the state of not having work while actively looking for employment. The current rate of unemployment in Canada is currently sitting at 6.2 % per capita, which is almost a full percent lower than it was in October 2016. There are several contributing factors to unemployment such as education, technological growth, and the loss of talented members of the workforce to other nations (brain drain). The steadily increasing population is also outstripping the amount of jobs being created. As we will discuss, the problem of unemployment is not an insurmountable one, but can
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