Saturday, February 22, 2020

The Canadian economy lost 1800 jobs in October, unemployment steady at 5.5%

Featured

US official: Corona’s outbreak will not change China’s commitment to buy US goods

A senior US Treasury official said on Thursday that the US government expects China to fulfill its commitment to...

China: Corona virus death toll rises to 2239, and 75,567 infections

China’s National Health Committee announced on Friday that it has received reports of 889 new confirmed cases of the...

A major reshuffle in the British Government

Several British government ministers have been fired in a drastic reshuffle by Prime Minister Boris Johnson. The list includes...
Robert Frank
Robert Frank
Robert started his career as a freelance content writer. Now, He is the founder of widely-recognized PR Agency. Robert still writes news pieces on various publications.

Employment was stable last month in Canada and the unemployment rate held steady at 5.5%, according to Statistics Canada. Employment had increased in Canada in the previous two months.

Compared with 12 months earlier, employment increased by 443,000 or 2.4%, mainly due to an increase in full-time work.

Statistics Canada found that, in October, employment fell for core-aged men aged 25 to 54 and increased for those aged 55 and over.

It declined in the manufacturing and construction sectors, but grew in public administration, as well as in finance, insurance, and real estate and leasing.

The number of self-employed workers declined.

In Quebec, the unemployment rate increased by 0.2 percentage points from September to October, from 4.8% to 5%. Employment declined 0.2%, mainly because of a decline in full-time employment.

In New Brunswick, the unemployment rate rose from 8.3% to 8.1% from September to October and from 8.8% to 8.4% in Prince Edward Island. On the other hand, it jumped in Nova Scotia from 7.2% to 8%.

In Ontario, the unemployment rate remained stable at 5.3%.

Robert Frank
Robert Frank
Robert started his career as a freelance content writer. Now, He is the founder of widely-recognized PR Agency. Robert still writes news pieces on various publications.

Latest News

Trump adviser Roger Stone sentenced to 3 years in prison for lying

A federal judge issued a ruling on Thursday against Roger Stone, a longtime adviser to US President Donald Trump,...

US official: Corona’s outbreak will not change China’s commitment to buy US goods

A senior US Treasury official said on Thursday that the US government expects China to fulfill its commitment to purchase more US goods under...

Voting begins in Iran’s parliamentary elections

The Iranians began voting on Friday in a parliamentary election that is unlikely to change Tehran's troubled relations with the United States, after excluding...

Austrian Parliament: There is no place for ISIS operatives in the country

Herbert Kickel, head of the Parliamentary Bloc of the Freedom Party (the third largest Austrian party), confirmed that anyone who joined the terrorist group...

Reports of Russian intervention supporting Trump in the US 2020 elections

Informed sources reported that Shelby Pearson, the chief election security official in US intelligence, had warned lawmakers that Russian intelligence was taking steps to...

Related News