National

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

Arrest made in the death of International Indian student Kartik Vasudev

The man arrested is 39 years old Richard Jonathan Edwin, who was also charged with another homicide last Saturday. He is described as a Black male who is about 5'6 to 5'7 feet tall with a medium build.

Arrest made in the death of International Indian student Kartik Vasudev

Feds signal change on skills training spending

The head of the Canadian Labour Congress expressed worries on Tuesday that labour groups could be left out of talks over a federal pledge to let workers access skills training programs before they become unemployed.

Feds signal change on skills training spending

Multi-home owners hold up to 41% of stock: StatCan

The data from the Canadian Housing Statistics Program, which includes both residential and recreational holdings, reveals multiple-property ownership accounted for 41 per cent of Nova Scotia's housing stock, 39 per cent of New Brunswick's, 31 per cent of Ontario's and 29 per cent of British Columbia's.

Multi-home owners hold up to 41% of stock: StatCan

B.C. coroner wants action on safer drug supply

Lisa Lapointe says urgent action is needed to decriminalize small amounts of drugs for personal use and to provide more people with a safer supply of substances that would replace the profit-driven illicit market.

B.C. coroner wants action on safer drug supply

Four injured in Vancouver fire out of hospital

Shops, restaurants and businesses were heavily damaged below the 89-room Winters Hotel on the building's upper floors, which is overseen by Atira Property Management and provided housing for 71 residents.

Four injured in Vancouver fire out of hospital

B.C. mayors want feds to deliver disaster funds

Abbotsford Mayor Henry Braun, whose community was ravaged by flooding, says he was among 28 mayors who met with federal and provincial ministers today to ask about the delivery of $5 billion from Ottawa.