Canada Jobless  Rate Drops
World Economy

Canada Jobless Rate Drops

The capital region’s jobless rate dropped to 6.4% in September compared to 6.5% in August, Statistics Canada said, APP reported. The improvement came despite a net decline of 2,100 jobs. That’s because the region’s labor force, which includes people looking for work, shrank an even faster by 2,800. It’s been the pattern for the past three months. The number of people with jobs—718,100 in September—is about the same as it was in June. Yet the jobless rate has tumbled from 6.9% because the labor force (767,200) is down 4,400 over the same period. These numbers have been adjusted for seasonal influences. StatCan reported there were 129,900 federal government employees in September, up 1,200 from August. It was also a gain of 1,600 from a year earlier when the Conservatives were enjoying their last month in power. Employment in the region declined 6,800 in September on an unadjusted basis compared to August for a new total of 721,400. The big losers by sector were health and retailing (down 3,300 each) and education (down 2,300).


Short URL : https://goo.gl/V5Qb95
  1. https://goo.gl/fI8SQO
  • https://goo.gl/HwDxc4
  • https://goo.gl/3T3sld
  • https://goo.gl/yz235v
  • https://goo.gl/ArAK6f

You can also read ...

Cambodia’s economic outlook remains positive, but is subject to downside risks.
The IMF Managing Director Christine Lagarde expressed optimism...
More and more Thai merchants are integrating WeChat Pay and Alipay’s systems to cater to tourists.
The internet has changed the way most people live. Through...
More India Bank Frauds Revealed
Over 25,800 fraud cases involving about Rs179 crore ($1.79...
Free trade achieves more good for the planet.
US President Donald Trump’s steel tariffs have brought the...
Qatar Calls to Investigate UAE Bank’s Bogus Deals
Qatar has asked US regulators to investigate the US subsidiary...
EU Readies Tax on US Technological Titans
The European Union will next week unveil plans for a digital...
Morocco Currency Reform on Right Track
Few weeks after the launch of the gradual dirham float, the...
Apparel imports from ASEAN are growing, spurred by low labor costs  in such countries as Vietnam.
Import prices for apparel and daily goods in Japan plunged...

Add new comment

Read our comment policy before posting your viewpoints