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Listen to this article Estimated 2 minutes The audio version of this article is generated by AI-based technology. Mispronunciations can occur. We are working with our partners to continually review and improve the results. The Canadian economy added 8,200 jobs in December despite the unemployment rate jumping to 6.8 per …
Read More »Canada’s unemployment rate fell to 6.5% in November
Listen to this article Estimated 1 minute The audio version of this article is generated by text-to-speech, a technology based on artificial intelligence. Canada’s unemployment rate dropped to 6.5 per cent and the economy gained 54,000 jobs in November, Statistics Canada said on Friday. The jobless rate ticked down several …
Read More »Canada’s unemployment rate ticks up to 7% in May, highest in 9 years outside of pandemic
Canada’s unemployment rate rose to seven per cent in May, the highest it’s been in nine years outside of the pandemic, Statistics Canada said on Friday. In its latest Labour Force Survey, the data agency says the unemployment rate has risen to its highest level since 2016, with the exception of the high …
Read More »Canada’s unemployment rate ticked up to 6.9% in April, matching pre-pandemic high
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 »Canada lost 33,000 jobs in March as unemployment rate rose slightly to 6.7%
The Canadian economy shed 33,000 jobs in March according to Statistics Canada — the biggest loss since January 2022, while the unemployment rate ticked slightly higher, Statistics Canada said on Friday. The agency said the unemployment rate also ticked slightly higher, rising to 6.7 per cent in March from 6.6 per …
Read More »Canada’s unemployment rate unchanged in February
Canada’s unemployment rate was unchanged in February, holding steady at 6.6 per cent, Statistics Canada said on Friday. Job growth also barely changed from the previous month, with just 1,100 jobs added. Employment rose in wholesale and retail trade, and in finance, insurance, real estate, rental and leasing. Jobs declined in professional, …
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 »Unemployment rate dipped slightly to 6.7% in December
The Canadian economy added 91,000 jobs in December, and the unemployment rate dipped to 6.7 per cent from the previous month’s 6.8 per cent, Statistics Canada said on Friday. Job growth was more than triple the amount expected by economists, who guessed on average that 25,000 jobs would be added in …
Read More »Calgary’s unemployment rate is trending higher than Canada’s — but it’s not because of layoffs
Calgary’s unemployment rate continues to trend higher than the national average, but not for the reason you might expect. It isn’t because local companies are laying workers off en masse — it’s because people are moving to Alberta faster than they can find jobs. “We’re going through a period of adjustment — it’ll take …
Read More »Unemployment rate unchanged at 6.5%
Canada’s unemployment rate was unchanged in October at 6.5 per cent, while job growth was little changed from the previous month, Statistics Canada said on Friday. The economy added 14,500 jobs last month, about half of what economists were expecting. The jobs were driven by full-time employment, with more people employed …
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