Canada's Unemployment Rate Jumps As Country Loses 1 Million Jobs

  • 📰 HuffPostCanada
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 53%

Canada Headlines News

Canada Latest News,Canada Headlines

Canada just saw 40 months' worth of job gains wiped out in a single month

MONTREAL ― More than one million jobs disappeared in Canada in March, according to the monthly labour force survey from Statistics Canada, pushing the jobless rate to 7.8 per cent.

These people “could be seen as at risk of losing their job in the months to come,” CIBC economist Royce Mendes wrote in a client note Thursday. “By then, a sequence of unprecedented government interventions related to COVID-19 — including the closure of non-essential businesses, travel restrictions, and public health measures directing Canadians to limit public interactions — had been put in place,” StatCan said.

It was the fastest one-month increase in the jobless rate in comparable records going back to 1976, StatCan said. The jobless rate in February had been 5.6 per cent.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Every implied want corona test Daily Temperatures monitoring individual leval IF SURE THAN OPEN LOCKDOWN

Trudeau Trudeau Trudeau

Time to shoot new stock photos. That one has no social distancing.

It's a pause. A time to reflect, decide what is important. A time to RESET!!!! Worrying about tomorrow, or yesterday isn't what we should be doing, while we have today.

Watch Cons try to hang this on Trudeau. Fucking dummies probably think he made COVID in his basement just so he could lay off half of the country. Pay no mind to this stupidity Canada. We have the right man for the job here. 🦾 JustinTrudeau 👍

Arent we all happy canada is in a position to do that in the first place.

The economy will recover. Small sacrifice to make in order to save lives.

a lot of them is just temporary!! Do not fall for fear mongering!!

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 61. in CA

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Canada can recover from this—and come out strongerOur editorial: Let's not forget that the apocalyptical string of war, pestilence and recession in the early 1900s was immediately followed by one of the most exuberant and hopeful eras in modern history Resurgence of the unbridled human spirit seeking a brighter future while wiping out failures and placing a heel on the untoward forces that undermine good and the well being of everyone in all societies.
Source: macleans - 🏆 19. / 71 Read more »

Air Canada reconfigures three planes to transport more cargo and suppliesWith most flights grounded and airline work slashed, Air Canada is reconfiguring the passenger cabins of three of its aircraft so it can transport more supplies and cargo. So good job (A/C) on keeping people working, but where are the military planes? Why are they not the ones picking up much needed medical supplies? Or are they all (2) on the ground being fixed again. “Underfund the military”
Source: CTVNews - 🏆 1. / 99 Read more »

Chris Selley: As allegedly violent criminals go free, Canada is caught with its pants downAre times extraordinary enough to justify the release of a man accused of firing a bullet through his ex-girlfriend’s kitchen window? justin trudeau is a failure Are you plagiarizing from CBC now? Don't release them. If you have to let them live in the judges basement. See how long that lasts
Source: nationalpost - 🏆 10. / 80 Read more »

Tennis Canada looking at options for postponing Rogers Cup in Montreal - Sportsnet.caTennis Canada is discussing its options with the WTA regarding the postponement of the women's wing of the Rogers Cup in Montreal. Why? They are already trying to have everyone catch Covid before Apr 15th
Source: Sportsnet - 🏆 57. / 59 Read more »