Friday that the unemployment rate for last month held steady at 5.2 per cent as more Canadians looked for work.It's also at odds with bubbling fears that the Canadian economy is headed for a possible recession as interest rates rise.
For the fifth consecutive month, wages grew on an annual basis. Compared with a year ago, wages in October were up 5.6 per cent. The report highlights that high-wage earners were more likely to experience a wage increase over the last year compared with lower-wage earners. The employment rate among Canadian immigrants aged 15 and older reached a record high in October at 62.2 per cent.
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:
Finance Finance Latest News, Finance Finance Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Canadian economy adds 108,000 jobs in October, unemployment holds steadyThe Canadian economy added 108,000 jobs in October, reversing much of the losses observed in recent months. Not added, just hiring a that we’re previously posted.
Source: CHEK_News - 🏆 59. / 55 Read more »
Canadian economy posts a positive surprise, adds 108,000 jobs in OctoberThe Canadian economy added 108,000 jobs in October, reversing much of the losses observed in recent months. LoL Hey Simpleton PierrePoilievre - did you read today's report?
Source: ottawasuncom - 🏆 4. / 92 Read more »
Canada’s economy added 108,000 jobs in October, blowing past expectations in show of resilienceThe unemployment rate held steady at 5.2 per cent so many new govt workers 😳
Source: globebusiness - 🏆 31. / 66 Read more »
Canada added 108,000 jobs in October | CBC NewsCanada's economy added 108,000 jobs in October, about 10 times what was expected. That's what happens when you fire capable people from their jobs because of personal health choices. It is funny how these numbers do not jive on the streets. People do not have the same settlement as corporate ran media. What does that say about economists and statisticians…
Source: CBCNews - 🏆 2. / 99 Read more »