Canada jobless rate surges to 7.8% due to pandemic

  • 📰 rapplerdotcom
  • ⏱ Reading Time:
  • 8 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 86%

Philippines Headlines News

Philippines Latest News,Philippines Headlines

The 2.2-percentage-point increase in Canada's unemployment rate in March 2020 is the biggest monthly rise since 1976. coronavirus

The figures reflect"unprecedented government interventions related to COVID-19 – including the closure of non-essential businesses, travel restrictions, and public health measures"These interventions resulted in a dramatic slowdown in economic activity and a sudden shock to the Canadian labor market.

That massive number of first-time claims for jobless benefits in the week ending April 4 came on top of the previous week's count of

 

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

 /  🏆 4. in PH

Philippines Latest News, Philippines Headlines

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

Air Canada to rehire 16,500 workers laid off due to pandemicAir Canada says it will bring back the people it had furloughed, through a planned Canadian government relief package. coronavirus
Source: rapplerdotcom - 🏆 4. / 86 Read more »

Canada says Huawei medical donations won't sway policiesDon’t trust china ever
Source: ABSCBNNews - 🏆 5. / 83 Read more »

Air Canada to rehire 16,500 workers laid off due to pandemicAir Canada says it will bring back the people it had furloughed, through a planned Canadian government relief package. coronavirus
Source: rapplerdotcom - 🏆 4. / 86 Read more »

UAAP: Ateneo coach Almadro braces for uncertainty due to pandemic
Source: ABSCBNNews - 🏆 5. / 83 Read more »

'Les Miserables' cancels shows due to COVID-19 pandemicThe London show and UK tour of 'Les Miserables' are canceled until May 30 due to the increasing threat of the COVID-19 pandemic. READ HERE:
Source: gmanetwork - 🏆 12. / 63 Read more »

IN PHOTOS: Celebrities admit to having anxiety attacks due to COVID-19 pandemic
Source: gmanetwork - 🏆 12. / 63 Read more »