The unemployment rate sits at just 4.1 percent. Unemployment claims have also been in a tight, historically low range between 189,000 and 230,000 in 2026.
The proposal also would require states to make unemployment insurance available to many part-time and low-income workers, and it would mandate that states provide at least 26 weeks of unemployment insurance.
21,133
$94,019,099
32.2 percent
Source: Information about the number and percent of people receiving benefits and the total benefits paid was prepared for The Associated Press by the Division of Fiscal and Actuarial Services in the Office of Unemployment
The legislation described “federal public benefits” as “any grant, contract, loan, professional license, or commercial license ... any retirement, welfare, health, disability, public or assisted housing, postsecondary education, food assistance, unemployment
Initial jobless claims, which track the number of people filing for unemployment benefits, fell to 197,000 in the week ending Sept. 19, from 198,000 the previous week, pointing to continued labor market strength.
The scenario includes a long-term reduction in GDP, higher unemployment and taxes, and a potential ongoing annual budget deficit of more than $30 billion for Alberta.
When we think about disadvantages and challenges in the labor market, unemployment generally takes center stage, clearly exemplified by the monthly jobs report hype over one stat: the unemployment rate.
Is it up or down? What will it be next month?
In a report published in June, economists at the bank found that a decline in job openings was the biggest contributor to weaker employment and higher unemployment among young workers from 2023 through 2025.
TFW Changes
Use of temporary foreign workers (TFWs) has come under increased scrutiny in Canada in recent years, amid elevated youth unemployment and debate over the program’s effects on the labour market.
The rise of AI—which its tech overlords have promised will eliminate a large swath of white-collar jobs, leading to mass unemployment—is adding another layer of anxiety for American workers.
In August 2026, 162,000 jobs were added, significantly beating expectations of around 53,000, while the unemployment rate held steady at 4.1 percent, according to the U.S. Bureau of Labor Statistics.
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Dew also pointed to the province’s 0.9 percent GDP growth forecast for this year, as well as a 0.6 percent decline in employment, a 6.5 percent unemployment rate, a 9.3 percent decline in housing starts and a six percent drop in home sales.
WASHINGTON—The number of Americans seeking unemployment aid fell last week, matching the lowest level in 42 years, strong evidence that employers remain confident enough in the economy to hold onto their staffs.
Employment conditions remained solid as unemployment claims stayed below 200,000 for the second consecutive week, according to the Department of Labor. Initial jobless claims have been in a historically low range of 189,000 to 230,000 all year.