unemployment rate

Economy lost 2,800 jobs in July, unemployment rate unchanged at 6.4%

Economy lost 2,800 jobs in July, unemployment rate unchanged at 6.4%

Aug 9, 2024 | 6:49am
Statistics Canada says students are facing a particularly challenging summer job market, while recent immigrants are disproportionately affected by the weakening labour conditions. The federal agency’s July labour force survey says the jobless rate held steady at 6.4 per cent last month as the economy shed a modest 2,800 jobs. As the Bank of Canada […]
Bank of Canada cuts key interest rate to 4.5%

Bank of Canada cuts key interest rate to 4.5%

Jul 24, 2024 | 6:57am
The Bank of Canada cut its key interest rate for the second straight time, bringing its key rate down to 4.5 per cent. Forecasters say slowing inflation and a weak economy justified a second consecutive cut by the central bank. After a historic run-up, the central bank lowered its policy rate for the first time […]

Canadian economy posts a positive surprise, adds 108,000 jobs in October

Nov 4, 2022 | 9:22am

The Canadian economy added 108,000 jobs in October, reversing much of the losses observed in recent months and surprising forecasters who were expecting a very modest bump in employment. In its latest labour force survey, Statistics Canada said Friday that the unemployment rate for last month held steady at 5.2 per cent as more Canadians […]

Canada adds over 230,000 jobs in June, almost all part-time

Jul 9, 2021 | 7:50am

Statistics Canada says 230,700 jobs were added in the month of June, almost all part-time. As pandemic restrictions began to ease across most of Canada, it’s a significant change from April and May, which both saw significant job losses. The number of full-time positions fell however, by about 33,200. Most of the job gains were […]

Saskatchewan ties for lowest unemployment rate in Canada, according to Stats Can

May 7, 2021 | 9:43am

Saskatchewan had the lowest unemployment rate in the country in April, according to new job numbers released by Stats Can. Employment increased by 1.7 percent from March 2021 and ranked first among the provinces. Saskatchewan gained 58,500 jobs compared to the same period last year. The province was tied for the lowest unemployment rate in […]

Unemployment rate continues to fall in Regina and Saskatoon

Dec 4, 2020 | 10:23am

Statistics Canada says the unemployment rate fell 0.4 percent to 8.5 per cent in November. It was a continuation of the steady fall from the record high of 13.7 per cent in May. Statistics Canada also reports that the gains were mostly focused in full-time, offset somewhat by a decline in part-time positions. The number […]

Saskatchewan boasts lowest unemployment rate in Canada for third straight month

Nov 6, 2020 | 2:08pm

Saskatchewan’s unemployment rate dropped once again in October according to Statistics Canada, as it now sits at 6.4%. That is well below the national unemployment rate (8.9%) and is the lowest in Canada for a third straight month. October’s unemployment rate is .4 percentage points lower than September’s numbers (6.8%). In a news release, Immigration […]

Saskatchewan adds over 13,000 jobs in July

Aug 7, 2020 | 8:17am

Saskatchewan had strong job growth in July with 13,300 more jobs as the economies reopening and recovery continues. The province now has the second lowest unemployment rate in Canada and the second highest employment rate compared to pre-pandemic levels in February. Saskatchewan had strong job growth in July with 13,300 more jobs as our reopening […]

Canada loses over one million jobs in March according to Statistics Canada

Apr 9, 2020 | 7:40am

OTTAWA – Statistics Canada reports the economy lost 1,011,000 jobs in March _ the worst recorded single-month change – as the COVID-19 crisis began to take hold, lifting the unemployment rate to 7.8 per cent. Economists warn the numbers are likely to be even worse when the agency starts collecting April job figures, with millions […]

Recently Played

Loading playlist…