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Current unemployment rate in Canada is about 5.8% while countries such as the US, UK, Germany and the Netherlands have unemployment rates well below 5%. In addition, the current unemployment rate in Canada is the lowest on record. Why has it remained so high historically?

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  • $\begingroup$ It is not the lowest on record, but the lowest since 1976, which is still very surprising. $\endgroup$ – Giskard Apr 11 '18 at 16:24

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