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Canada’s unemployment rate ticked up to 6.9 per cent in April, Statistics Canada said on Friday, matching the highest rate seen in eight years outside of the pandemic. The economy added a very slight 7,400 jobs during the month. Most of the increase was due to temporary workers hired in the public sector …
Read More »Unemployment rate ticked down to 6.6% in January as economy sees solid month of job gains
Canada’s unemployment rate unexpectedly fell and the economy posted another solid month of job gains, Statistics Canada said on Friday, signalling that joblessness has started to ease. In January, the unemployment rate was 6.6 per cent, a notch below the 6.7 per cent seen a month earlier. The economy added 76,000 jobs — still …
Read More »Inflation ticked up to 2% in October after previous month’s steep drop in gas prices
Canada’s inflation rate ticked up to two per cent in October, Statistics Canada said on Tuesday. The consumer price index had previously hit 1.6 per cent in September, thanks to a steep decline in gas prices. Gas prices fell again in October, although to a lesser extent — and with gasoline excluded, all-items inflation …
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