Darpan News Desk The Canadian Press, 07 Jul, 2023 09:55 AM
The jobless rate went up for a second month in a row in June.
Statistics Canada reports the rate climbed to 5.4 per cent as the economy added 60-thousand jobs.
R-B-C assistant chief economist Nathan Janzen says the reason the unemployment rate can rise alongside historically strong employment growth is that population growth continues to set new records, including an increase of 84-thousand people in June.
But forecasters are still expecting the Bank of Canada will raise interest rates at its next decision on Wednesday.
The new Surrey Langley Skytrain public engagement begins Monday, May 9, 2022, and runs until June 9. Open houses for members of the public are scheduled for May 25 in Surrey and for May 31 in Langley. Surrey Langley SkyTrain is currently scheduled for completion in late 2028, two years earlier than first estimated.
U.S. border officials also seem to be seeing more people trying to cross in the opposite direction. 6 Indian nationals were rescued from a boat sinking on the St. Regis River in northern New York late last month, part of what court documents allege was a human smuggling operation.
While the investigation is still in the early stages, investigators confirm one person is in custody at this point. Although one person has been arrested, police continue to treat this investigation as active and ongoing to determine the circumstances, states Corporal Paige Kuz, Coquitlam RCMP Media Relations Officer.
VPD officers were called to Crab Park around 10.20 a.m. Saturday for reports of one man being assaulted. Andrew Wadden, a 45-year-old Vancouver resident, was found by police in the park with life-threatening injuries.
The B.C. government says in a statement the report's submission had previously been due May 20, but the extension is a result of several members of the Cullen Commission inquiry team contracting COVID-19.
The unemployment rate came in at 5.2 per cent for April compared with the previous record low of 5.3 per cent set in March. Bank of Montreal chief economist Doug Porter said the moderate gain in employment is a sign of much more normal conditions, but also one where the supply of new workers may be beginning to be the binding constraint on growth.
