Arab Today, arab today canadas unemployment rate falls to 69in may
Last Updated : GMT 12:19:39
Arab Today, arab today
Arab Today, arab today

Canada's unemployment rate falls to 6.9 % in May

Arab Today, arab today

Arab Today, arab today Canada's unemployment rate falls to 6.9 % in May

Canada's unemployment
Toronto - Xinhua

Canada's unemployment rate inched down to 6.9 percent in May, from 7.1 percent in April, Statistics Canada said Friday.

The jobless rate is now at its lowest rate since July 2015, after Canada's economy added better-than-expected 14,000 jobs in May. Economists had expected a slight gain of fewer than 1,000 jobs for the month.

Across the country, there were more jobs in Quebec, Ontario, Manitoba and Prince Edward Island, while they disappeared in Alberta and Nova Scotia, Statistics Canada said in a report.

Alberta lost more than 24,000 jobs during the month. These declines coincided with the wildfires in northern Alberta, which affected business operations in a number of industries, including oil and gas extraction.

"While StatsCan doesn't explicitly chalk it up to the impact of the wildfire (they in fact claim to have substituted respondents from surrounding areas into the sample), one has to figure that it caused a significant chunk of these reported job losses in May," Bank of Montreal economist Robert Kavcic said.

"The good news is that Ontario and Quebec each posted strong 21,600 job gains in May, more than offsetting the weakness in Alberta," he said.

Everywhere else, the employment level stayed about the same.

Adjusted to U.S. concepts, the jobless rate in Canada was 5.9 percent in May versus 4.7 percent in the United States, the report said. Compared with May 2015, the unemployment rate was unchanged in Canada, while it decreased 0.8 percentage points in the United States.

On Friday, U.S. vehicle manufacturer General Motors announced a plan to hire up to 1,000 engineers in Canada at GM's Canadian Technical Center in Oshawa, Ontario. It's the biggest auto jobs deal in Canada in a decade 

source : xinhua

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today canadas unemployment rate falls to 69in may Arab Today, arab today canadas unemployment rate falls to 69in may

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today canadas unemployment rate falls to 69in may Arab Today, arab today canadas unemployment rate falls to 69in may

 



Arab Today, arab today Designer Rania Adel reveals her new collection

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse

GMT 16:25 2017 Sunday ,04 June

“Suhoor” is basic meal for fasting

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 23:13 2017 Sunday ,18 June

New ransomware virus attacking mobiles in Oman
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday