Canada’s economic system added 41,000 jobs in February whereas the unemployment charge rose to five.8 per cent, Statistics Canada stated Friday.
Unemployment rose to five.8 per cent, in accordance with Labour Drive Survey
Canada’s economic system added 41,000 jobs in February whereas the unemployment charge rose to five.8 per cent, Statistics Canada stated Friday.
The report comes as excessive rates of interest are placing a drag on the economic system, however robust inhabitants development seems to be offsetting a few of these results, together with within the labour market.
The employment charge — which represents the proportion of Canadians aged 15 years and older who’re employed — fell for a fifth month in a row.
That is the longest interval of consecutive decreases because the six-month interval ending in April 2009.
The report attributes this downward development within the employment charge to speedy inhabitants development within the nation.
Extra to come back.
