Canada, unemployment and inflation rate
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Canada's unemployment rate surprisingly dropped a tick to 6.9% in June as employment increased in wholesale and retail trade and health care and social assistance, data showed on Friday. The economy added 83,
The auto city is followed by Peterborough at 10 per cent, Oshawa at 9.3 and Toronto at 8.7. Canadian manufacturing has shed nearly 45,000 jobs since January — the largest employment decline of any sector — and these regions make up almost a quarter of that workforce, said Battaglia.
However, youth and student joblessness continued to worsen. Statistics Canada noted that the unemployment rate for youth aged 15 to 24 rose to 14.2 percent, up 0.7 percentage points from a year ago and significantly higher than the 2017–2019 pre-pandemic average of 10.8 percent.
The Canadian economy added 83,000 jobs in June, while unemployment fell by 0.1 percentage points, Statistics Canada said on Friday.
Canada’s unemployment rate declined to 6.9 per cent in June, while the economy added 83,000 jobs, the bulk of which was in part-time work.
Canada's unemployment rate slightly decreased to 6.9% in June, with notable job growth in sectors like wholesale trade, retail, and healthcare. More than 83,000 jobs were added, surprising analysts. Inflation data and U.
Since February, Canada's unemployment rate has climbed 0.4 percentage point and as of May there were 1.6 million unemployed people, a rise of 13.8% on 12 months earlier.
Canada Unemployment Rate Slips Again in January to 6.6% — 2nd Update Provided by Dow Jones Feb 7, 2025, 5:36:00 PM. By Robb M. Stewart .
Canada Unemployment Rate Dips Again in January to 6.6%. The economy added 76,000 jobs last month, Statistics Canada said. By Robb M. Stewart. Feb. 7, 2025 1:19 pm ET | WSJ Pro. Share. Resize.
The unemployment rate in Swift Current/Moose Jaw is tied for the lowest level in Canada. Our region's seasonally unadjusted unemployment rate came in at 2.6% in June, tied with Yorkton/Melville for the lowest rate in the country.
When calculated using U.S. Labor Department methodology, Canada's unemployment rate was unmoved at 5.6%. Canada's employment rate, the proportion of the working-age population that is employed ...