Statistics Canada reports a record high unemployment rate

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Statistics Canada reports record high 13.7 per cent unemployment rate cdnpoli

as the economy added 289,600 jobs in May, with businesses reopening amid easing public health restrictions.

The unemployment rate rose to 13.7 per cent, topping the previous high of 13.1 per cent set in December 1982.Newsletter sign-up: Get The COVID-19 Brief sent to your inboxThe average economist estimate is for the loss of 500,000 jobs in May and for the unemployment rate to rise to 15.0 per cent, according to financial markets data firm Refinitiv.

 

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rachaiello Wow. I wonder why? Yet many are being paid not to work. Paid by that same government that pays Stats Canada. In the end, Canadians are eventually paying this bill, but we have a PM that still insists on open-ended spending with no accountability in the HoC!Am I correct DanAlbas

We shut down the economy for 86% of cases in LTC. Government failed BIG TIME. We will never recover from the things missed out on for an overblown virus with a 99.9% survival rate! Time to open it all up! Especially for the kids minimal reports 0-19yrs

Why do you report such stupid things. Of course unemployment is high. YOU SHUT DOWN THE ECONOMY you dummies. It’s like the weather network saying it’s going to be light out during the day and dark tonight.

Well done PMJT and liberals.

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