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

Foster mother granted escorted temporary absences

The Parole Board of Canada says in a written decision that it has granted Tammy Goforth supervised visits in the community for personal development purposes.

Foster mother granted escorted temporary absences

B.C. to end quarantine program for foreign workers

The ministry says the program for seasonal agriculture workers ends Thursday because of the easing of federal travel restrictions and high vaccination rates for incoming workers that allows them to go directly to their farms.

B.C. to end quarantine program for foreign workers

PBO says minimum sentence costs $98 million yearly

Budget officer Yves Giroux's report focuses on costs related to the three-year minimum sentence for possession of a prohibited firearm with ammunition, in force since 2008.

PBO says minimum sentence costs $98 million yearly

More RCMP to bolster Russia war crimes probe

Canada was one of several dozen countries to refer the Ukraine situation to the prosecutor's office of the court. Mendicino said Canada was sending the additional police resources at the request of the prosecutor's office.

More RCMP to bolster Russia war crimes probe

287 COVID19 cases for Tuesday

There are 273 individuals hospitalized with COVID-19 and 46 are in intensive care. In the past 24 hours, one new death (Northern Health) has been reported, for an overall total of 2,990.

287 COVID19 cases for Tuesday

Lululemon extends hot streak to end of fiscal year

The Vancouver-based athletic clothing company, which reports in U.S. dollars, says it earned US$434.5 million or US$3.36 per diluted share in the quarter, up from US$329.8 million or US$2.52 per share a year earlier.