Weaker-than-expected report not enough to spur cuts to interest rates, economists say
The average weekly wage is still growing faster than the inflation rate
Canada’s unemployment rate crept up 0.1 percentage points in June to 6.2% as the economy lost about 5,000 jobs.Statistics Canada said today that gains in part-time employment last month largely offset declines in full-time work.The job report was weaker than economists had been expecting. Economists forecast of an addition of 6,500 jobs for the month.StatsCan […]
Economy sheds 32,200 full-time jobs
Jobless rate edges up to 6.1%
Canadian economy sheds 19,600 full time jobs in March
The domestic economy in Canada continued to surprise today, as the number of jobs created in February came in way above expectations. The Canadian economy another 43,000 jobs in February, according to data released today by Statistics Canada. Economists had been expecting only about 8,000 jobs to be created for the month. BMO Capital Markets […]
Reflecting diversity in the community makes business sense; accommodations can be inexpensive
U.S. employers reduced their payrolls by 17,000 jobs in January, marking the first cut since August 2003.The job losses noted in today’s report from the U.S. Labor Department came as a surprise. Economists had been looking for payrolls to grow by about 70,000.“The unexpected drop in January employment adds to the mounting problems confronting the […]
Labour force productivity improvements needed to further boost standard of living: Global Insight