As noted by University of Michigan Economics Professor Justin Wolfers, Canada has added an average of 22,000 jobs per month, while the U.S. has added an average of 12,000 jobs per month.
The latest US jobs report paints a picture of a slowing labour market, with average monthly US job growth in 2025 far below that of 2024, following a gain of 50,000 jobs in December.
Per CNBC:
“The November total saw a slight downward revision of 8,000 to the payrolls number, while October’s loss was even more than originally reported, now at 173,000 compared with the prior estimate of 105,000.
For the full year, payroll gains averaged 49,000 a month, compared with 168,000 in 2024, according to the BLS.”
‘Liberation day’
The US jobs picture is even rougher when looking at post ‘Liberation Day’ numbers, when Trump announced his tariffs on nearly every country. While those tariffs were presented as a policy to revitalize US manufacturing employment, the opposite has occurred:
Nor is the combination of tariffs and immigration reductions bringing net job creation for individuals born in the U.S.:
Post-‘Liberation Day’ Canadian job growth outpaces U.S.
As noted by University of Michigan Economics Professor Justin Wolfers, Canadian monthly job growth has outpaced monthly job growth in the U.S. post-‘Liberation Day’:
Given the roughly 8.5-to-1 population advantage the U.S. has over Canada, these numbers are even more significant.
Now, this is not to say Canada doesn’t have real economic challenges. But it is important to acknowledge that Trump’s tariffs are not revitalizing US manufacturing, and that Canada is showing real economic resilience even in the face of tariffs being imposed by a U.S. President who has vowed to use economic pain to erode Canada’s sovereignty.
Spencer Fernando
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