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Canada's unemployment rate increased 0.2% in February 2026, bringing the overall rate of unemployment up to 6.7%. The increase was felt most keenly among youth and core-aged (25-55) men. Employment fell by a significant 84,000 jobs.

This is according to the latest Labour Force Survey for February 2026 Despite the comparatively grim numbers, Statistics Canada says that year-over-year, the numbers show little change compared to February 2025.

Key Takeaways

Here’s what the data is showing in this month’s labour market data from Statistics Canada:

  • Unemployment rate: 6.7%, up from 6.5% in January 2026. 
  • Employment: -84,000 jobs. 
  • Wages: Average hourly earnings up 3.9% year-over-year to $37.56. 
  • Industries seeing gains: transportation and warehousing, public administration,  
  • Industries seeing losses: wholesale and retail trade, construction, manufacturing 
  • Top provincial gains in employment: Newfoundland and Labrador 

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Regional Insights from the February 2026 Labour Market Data 

Employment improved in Newfoundland and Labrador, with a gain of 2,100 jobs. However, the unemployment rate in the province remains high at 9.2%. 

Quebec saw some significant losses this month. Jobs declined by 57,000 after three months of almost no change. It also represents the biggest employment decrease since January 2022.  

Three western provinces also reported some job losses with 20,000 jobs lost in British Columbia, 5,500 in Saskatchewan and 4,000 in Manitoba.  

Provincial Unemployment Rates Across Canada in February 2026 

Here are the provincial unemployment rates in Canada, based on StatsCan data from January 2026: 

  • Alberta: 6.3% 
  • British Columbia: 6.1% 
  • Manitoba: 5.7% 
  • New Brunswick: 7% 
  • Newfoundland and Labrador: 9.2% 
  • Nova Scotia: 7.1%  
  • Ontario: 7.6% 
  • Prince Edward Island: 7.2% 
  • Quebec: 5.9% 
  • Saskatchewan: 5.6% 

Changes in Provincial Unemployment from January to February 2026 

Provincial unemployment rates for January and December 2026
Provincial unemployment rates for January and December 2026

 

 

Most Jobs Lost in Years 

Today’s report shows the most jobs lost in any one month since the pandemic. In fact, 108,000 fewer people were working full-time in February. Still, If you’re thinking about moving to Canada, StatsCan notes that the overall unemployment rate hasn’t changed much from the 6.6% we saw in February 2025. 

Across all industries, the private sector was hardest hit with 73,000 jobs lost, but the public sector (those who work for the provincial or federal government) saw little change. 

The report also says that nearly 23% of the 1.5 million unemployed people in Canada had been unemployed and looking for work for more than 27 weeks. 

Working as a Newcomer Woman in Canada 

Highlighting International Women’s Day, Statistics Canada reports that there were 10 million women employed in Canada in February, making up 47.3% of total employment. 

While this is certainly an improvement over the 1970s, when data on the subject started being collected, there is still a persistent wage gap. 

Right now, on average, women in Canada earn $0.88 for every dollar a man makes. Put another way, the average core-aged working woman in Canada makes an average hourly wage of $37.62, while men earn $42.55. Statistics Canada says the gap has reduced over time due to higher education among women. 

However, the Canadian Women’s Foundation notes that the gap is wider for newcomer women. The average pay disparity between newcomer women and Canadian men  comes in around 20.9% for women who arrive in Canada as adults, and 10.9% for those who arrive as children. 

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Expert resources to help immigrants get jobs in Canada

Canada’s job market provides a wealth of opportunity for newcomers, but it is only that — an opportunity.

To take full advantage, recent and prospective immigrants can leverage free government-funded resources and programs. We recently partnered with Canada InfoNet, a government-funded pre-arrival employment support program, to bring you two expert guides on transitioning to a career in Canada:

The outlook on Canadian construction and infrastructure

Ruairi Spillaine, Outpost Recruitment and Moving2Canada founder, analyzes what’s happening in the construction sector in Canada.

“Canada’s construction sector continues to provide opportunities to experienced candidates who can differentiate themselves in a tighter employment market. While commercial and residential sectors are slower, institutional buildings and a buoyant infrastructure sector continue to drive employment opportunities from coast to coast. Meanwhile, Canada’s industrial sector including nuclear, mining and renewables is set for a strong 2026.

Canada's job market: Ruairi Spillane, founder of Outpost Recruitment
Moving2Canada and Outpost Recruitment Founder, Ruairi Spillane

 

If you are interested in working in Canada’s construction sector, Outpost helps motivated candidates find suitable jobs in Canada.

The agency works with general contractors, subcontractors, developers, and consultants who are hiring across senior management, operations, project management, site, design, quality, and commercial personnel.

Outpost Recruitment is actively looking for candidates for projects across Canada. View the latest job postings here.

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How to get a job in Canada

If you’re looking for a job in Canada here are some steps you can take to land that sweet, sweet Canadian job offer.

Here’s a popular webinar from recruitment expert and Moving2Canada founder, Ruairi Spillane, about how to create the best resume for the Canadian jobs market:

New and improved Jobs Board

We have worked hard over recent weeks to ramp up the number and range of job postings on our Jobs Board.

We also have a number of other resources for helping you find your career in Canada. You’ll find broad-stroke information that will arm you with the knowledge you need to succeed, as well as industry-specific insights into finding jobs by industry, such as teaching.

Want to dig deeper into the Canada Jobs Report data? Try these interactive tools, courtesy of StatsCan.

 

Join the Moving2Canada Community

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Get job hunting resources, application checklists, exclusive offers from our partners, and much more just by joining the Moving2Canada community.

About the author

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Stephanie Ford

She/Her
Finance, Law and Immigration Writer
Stephanie is a content creator who writes on legal and personal finance topics, specializing in immigration and legal topics. She earned a Bachelor of Laws and a Diploma in Financial Planning in Australia. Stephanie is now a permanent resident of Canada and a full-time writer at Moving2Canada.
Read more about Stephanie Ford
Citation "Canada’s Unemployment Rate Jumps to 6.7% in February." Moving2Canada. . Copy for Citation