Jobless rate went up in June

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.

Prev Next

MORE National ARTICLES

Tai, Ng pledge closer Canada-U.S. trade ties

U.S. Trade Representative Katherine Tai was in the national capital for a two-day visit, her first to Canada since President Joe Biden appointed her as his principal international trade emissary last March.

Tai, Ng pledge closer Canada-U.S. trade ties

B.C. aims to support repeat offenders

Attorney General David Eby said a small group of people is creating disorder and chaos, mostly in downtown cores, as businesses are trying to recover from the pandemic.

B.C. aims to support repeat offenders

Remains of young girl found in Toronto dumpster

Investigators said they have not been able to determine the girl's cause of death, nor do they know just when she might have died, but they think her remains were placed in the dumpster sometime between last Thursday and Monday.

Remains of young girl found in Toronto dumpster

Liberals name RCMP officer in B.C. byelection

Liberal Leader Kevin Falcon says in a statement that he is committed to building a team with diverse backgrounds, and Sturko's experience on the front lines of the opioid crisis is an "outstanding example."

Liberals name RCMP officer in B.C. byelection

Richmond RCMP investigating alleged assault involving racial slurs, victim allegedly threatened the suspect while brandishing a knife.

There are allegations that following the assault the victim allegedly threatened the suspect while brandishing a knife. There were multiple witnesses to this incident.

Richmond RCMP investigating alleged assault involving racial slurs, victim allegedly threatened the suspect while brandishing a knife.

Vancouver Police seek witnesses to serious South Vancouver collision

As the driver of a Toyota Matrix was making a left turn on East 57th Avenue from Fraser Street, he was struck by the driver of a Honda CR-V that was travelling south on Fraser Street at around 9 p.m. on April 27. Investigators believe speed was the main cause of this collision.