The unemployment rate in June rose by 0.1 percentage points to 7.1% as more people were searching for work in Canada. Compared to last year, employment increased by 72,000 or 0.4%. It was the lowest yearly growth rate since February 2010. Little changed in the number of hours worked in the past 12 months. Among
Canada must recognize the potential economic advantage that immigrants bring if it wishes to remain globally competitive, according to one of the country’s top economists. In a recent piece for the Globe and Mail, Royal Bank of Canada chief executive officer Gordon Nixon, calls for more efforts to tap into under-utilized immigrant skills. He points
The latest employment figures from Statistics Canada show a decline of by 112,000 jobs in the private sector in August, resulting in an overall drop in employment of 11,000. Only last month the agency botched the July jobs report, erroneously claiming the economy added just 200 new jobs, when it fact the figure was 42,000.
Despite all the talk about layoffs in the oil patch due to slumping oil prices, both Alberta and the Calgary area saw increases in jobs in April. According to Statistics Canada, overall hiring is at a three-month high. However, this is not surprising given the collapse in oil prices, the province’s natural resources sector which