Canada’s unemployment rate dropped to its lowest level since the start of the COVID-19 pandemic in March, according to the latest federal government figures released Friday. The Statistics Canada Labour Market Survey recorded unemployment of 7.5 percent, as Canada jobs increased by 303,100 during the month, moving employment within 1.5 percent of pre-COVID levels. The
Canada saw an employment rebound in February, adding 259,000 jobs and seeing the lowest unemployment since March 2020, when COVID-19 restrictions were first imposed. The Canada jobs Labour Market Survey saw an unemployment rate of 8.2 percent, as the major provinces of Quebec and Ontario spearheaded the recovery. Stakeholders will be hoping the figures are
Canada lost 213,000 jobs in January as second wave coronavirus restrictions took hold on the economies of Ontario and Quebec, according to the latest federal government figures. The Canada jobs Labour Market Survey saw unemployment increase to 9.4 percent during the month, as the country took a step back in its economic recovery from COVID-19.
Canada’s coronavirus recovery continued in November as employment rose by more than 62,000 and unemployment dropped to 8.5 percent. The Canada jobs Labour Force Survey recorded an employment increase of 0.3 percent for the month, slower than previous months but still another step in the right direction. The month saw full-time employment rise by 99,000,
Canada saw its unemployment rate edge down as it added 83,600 jobs in October, despite many provinces reimposing restrictions due to the second wave of COVID-19. The Canada jobs Labour Force Survey showed the unemployment rate fell 0.1 percentage points to 8.9 per cent compared to September. Of the employment increase, the majority was in
December 9, 2018 – Canada unemployment is the lowest it has been in at least 42 years, according to the latest federal government figures. A stellar November saw unemployment drop to 5.6 per cent, the lowest since comparable figures became available in 1976, Statistics Canada says. The drop of 0.2 percentage points comes after 94,100
Economic experts are predicting good things for the Nova Scotia economy in 2014. Major offshore projects are just some of the driving economic forces predicted to spur a 13 percent increase in spending within the province. Construction in Halifax will be particularly strong, with $500 million alone being invested in the city’s new convention center.
Those looking for a job in oil and gas or related industries this year will not find the odds too favorable. With an economy that has some softness economists at the Conference Board of Canada said in their latest report that job seekers will have to wait until 2016 for real broad based employment opportunities to arise.