Statistics Canada reports a 1 per cent monthly decline in wholesale and retail trade employment in October, while the national unemployment rate edged up to 6.7 per cent.
Canadian retailers continue expanding while retail employment declines, raising questions about staffing, service levels, and the future of in-store retail.
Statistics Canada said employment in wholesale and retail trade has trended up in recent months, rising 107,000 (+3.7%) from a recent low point in July 2024.
Canada added 91,000 jobs in December 2024, lowering unemployment to 6.7%, with gains in full-time roles and key industries like education and health care.