CTV News Channel
The Canadian labour market unexpectedly added 10,700 net jobs last month and the unemployment rate slid to 6.8 per cent -- but the latest numbers raise questions about the quality of the work.
The number of people seeking U.S. unemployment benefits fell to the lowest level since 1973 last week, evidence that businesses are confident enough in the economy to hold onto their workers.
The country's labour force beat expectations last month by gaining a healthy 67,200 net new jobs, with most of the increase concentrated in part-time and self-employed work, Statistics Canada said Friday.
The roller-coaster Canadian job market roared higher in August, climbing back from its July plunge, but economists cautioned the longer-term trend for growth remains sluggish.
A new Statistics Canada study says there are significant correlations between job layoffs and full-time enrolment in post-secondary education.
While fighting a huge wildfire, Alberta's labour market woes continued last month as job losses mounted, the unemployment rate surged and total hours worked hit their lowest mark in 30 years.
The country's latest labour numbers have given Albertans yet another reminder of the mounting pressure on their province's economy.
Canada's labour market saw a surge in new jobs last month that drove down the unemployment rate and provided another clue that the hobbled economy could be regaining strength.
Alberta's soaring unemployment rate climbed higher than Quebec's last month, the first time that's happened in nearly 30 years.
The national unemployment rate crept up to 7.3 per cent last month for the first time in three years amid flat overall job growth, Statistics Canada said Friday.
he bite of the oil-price shock sunk its teeth deeper into the job markets of Canada's oil-producing provinces last month, with Alberta posting its worst unemployment rate in a decade.