Saturday, April 27, 2024
ADVT 
National

James sees 'glimmers of increased confidence' as jobless rate hits 13.4 per cent

Darpan News Desk The Canadian Press, 05 Jun, 2020 07:05 PM
  • James sees 'glimmers of increased confidence' as jobless rate hits 13.4 per cent

British Columbia's jobless rate continues to climb upwards, hitting 13.4 per cent last month, but there are signs of building confidence.

Finance Minister Carole James says Statistics Canada labour data for May show despite 353,200 lost jobs in B.C. since the pandemic forced a shutdown, the province created 43,300 jobs last month.

James says the increase reflects some businesses bringing back employees in the preparation to reopen as some health restrictions were eased.

But the labour market continues to be volatile, and James says many remain out of work, especially young people where the jobless rate is 28.9 per cent.

The minister says regular meetings are underway between business and government leaders to make recovery plans for B.C.'s economy.

Statistics Canada reported Canada's unemployment rate in May rose to 13.7 per cent, the highest level in more than four decades.

MORE National ARTICLES

More Arctic politicians join call for RCMP to wear body cameras in Nunavut

More Arctic politicians join call for RCMP to wear body cameras in Nunavut
The mayor of Iqaluit is joining other Arctic leaders calling for RCMP members in Nunavut to wear body cameras.

More Arctic politicians join call for RCMP to wear body cameras in Nunavut

Meng hearing schedule to expand; lawyers ask for 'referee' in case

Meng hearing schedule to expand; lawyers ask for 'referee' in case
Legal arguments at the B.C. Supreme Court in the extradition case of Huawei executive Meng Wanzhou may stretch into next year.

Meng hearing schedule to expand; lawyers ask for 'referee' in case

CRA Sets Up Anonymous Snitch Line To Catch CERB & Tax Fraud

CRA Sets Up Anonymous Snitch Line To Catch CERB & Tax Fraud
Beware not to fraud the govt if you have applied for CERB, wage subsidy or other funding programs during the ongoing COVID-19 pandemic as the Canada Revenue Agency has you under its watch and you will have to repay the money.

CRA Sets Up Anonymous Snitch Line To Catch CERB & Tax Fraud

Telus dumps Huawei chooses Ericsson and Nokia to build 5G network

Telus dumps Huawei  chooses Ericsson and Nokia to build 5G network
Two major Canadian telecommunication giants said they will build out their next-generation 5G wireless networks with equipment from European providers, dumping China’s Huawei Technologies Co.

Telus dumps Huawei chooses Ericsson and Nokia to build 5G network

Climate change threatens glass sponge reefs unique to Pacific Northwest: study

Climate change threatens glass sponge reefs unique to Pacific Northwest: study
Warming ocean temperatures and acidification caused by climate change are threatening the survival of glass sponge reefs unique to the waters of the Pacific Northwest, a new study from researchers at the University of British Columbia has found.

Climate change threatens glass sponge reefs unique to Pacific Northwest: study

One in three students back in classrooms in British Columbia: minister

One in three students back in classrooms in British Columbia: minister
Education Minister Rob Fleming says about one third of students returned to classrooms in British Columbia yesterday and he expects those numbers to rise.

One in three students back in classrooms in British Columbia: minister