Canadian unemployment bottomed at 4.9% in June 2023 (a year before the interview) and has risen to 5.6%, following a pattern similar to the recent US unemployment uptick, indicating the beginning of an employment decline cycle.

factualpending

Speaker

Danielle Park

Evidence Quote

in Canada for example the unemployment rate um bottomed in last June a year ago June about 4.9 percent extremely low historically and it's now you know 5.6 percent

Source

Economic Collapse is Basic Math and it's Very Clear How Things Play Out: Danielle ParkThe Jay Martin Show
Created: 8/11/2026, 1:14:25 AM

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