Canada’s labour market weakened in August, with employers cutting 42,000 jobs, according to Statistics Canada. The drop surprised economists, who had expected a fourth straight […]
Tag: Unemployment Rate
Unemployment Rises in Newfoundland and Labrador While Rate Falls Across Canada
Canada’s unemployment rate fell to 6.4 per cent in July, its lowest level in two years. However, Newfoundland and Labrador saw its rate rise sharply […]
Canadian economy adds 88,000 jobs as unemployment rate drops to 6.6%
Canada’s labour market added 88,000 jobs in May, a stronger-than-expected gain that helped push the unemployment rate down to 6.6 per cent from 6.9 per […]
Canada’s Unemployment Rate Climbs to 6.8%, Increasing Likelihood of Significant Interest Rate Cut
Canada’s Unemployment Rate Climbs to 6.8%, Increasing Pressure for Steeper Interest Rate Cuts Canada’s unemployment rate rose to 6.8% in November, fueling speculation about a […]