Unemployment in Canada hits a new record low

There was good news for Canadian workers in this morning’s Labour Force Survey from Statistics Canada. This country’s economy added 27,700 last month, which dropped the national unemployment rate down to 5.4 per cent — the lowest ever recorded since comparable data became available in 1976. Year over year, Canada has gained 453,000 jobs or…

Canadian economy adds over 11,000 jobs in October

Statistics Canada has just released the latest Labour Force Survey, and it is another positive update. The Canadian economy added 33,900 full-time jobs in October, but these were partially offset by losses of 22,600 part-time positions. Statistics Canada reports that the net gain of 11,200 jobs nationwide is too small to be statistically relevant. This…

Canada adds 54,000 jobs in July, unemployment at record lows

The national unemployment rate in Canada is at its lowest rate in four decades according to the latest Labour Force Survey out this morning from Statistics Canada. The unemployment rate is once again 5.8 per cent, the lowest ever recorded. Last month, the unemployment rate had bumped up to 6.0 per cent. The Canadian economy…

Unemployment at a record low – job vacancies at a record high in Canada

Unemployment in this country continues to be at the lowest rate recorded since comparable data became available, while a new report shows that the number of jobs going unfilled is soaring. Here’s what the labour market looks like right now. The Canadian economy saw a slight decline in the number of people working in May,…