The Canadian economy added more jobs than expected in May, the jobless rate ticked up to 6.2 per cent, and the growth rate of wages accelerated to a four-month high, data showed on Friday.
Canada's unemployment rate continued its upward climb in May, rising slightly to 6.2 per cent as opportunities became harder to find for prospective jobseekers.
"A lower proportion of unemployed people transitioning into employment may indicate that people are facing greater difficulties finding work in the current labour market," the report said.Statistics Canada says the involuntary part-time rate, which refers to the proportion of part-time workers who could not find full-time work or worked part-time because of weak business conditions -- was 18.2 per cent in May. That's up from 15.4 per cent a year prior.
"Taken together, this mixed bag doesn't really move the needle on the Bank of Canada rate-o-meter. It's still consistent with growing slack in the economy, albeit with sticky wages," Porter wrote.Wage growth remained strong in May as average hourly wages rose 5.1 per cent from a year ago, reaching $34.94.
Bell Media outlined a fall and winter schedule on Thursday that includes Drag Race vacation series 'Slaycation' and the Will Arnett-created animated series 'Super Team Canada' but did not mention Canadian Screen Award-winning series 'Bria Mack Gets a Life.'Shell confirms a cybersecurity incident that occurred last week targeted a vendor the company works with, not the oil and gas giant.
A statue dedicated to the Royal Regina Rifles Regiment has been officially unveiled in France just ahead of the 80th anniversary of D-Day.A Cape Breton is this year's recipient of the McEuen Scholarship, which gives him basically a full ride to the medical school at the University of St. Andrews in Scotland.
Public health officials in Toronto are raising concerns about an increase in cases involving a “potentially life-threatening bacterial infection” and are warning residents to ensure that they are vaccinated.Commuters in Toronto are breathing a sigh of relief this morning after a strike that would have halted transit service across the city was averted late Thursday night.
Sask. Trucking Association opposes provincial program recognizing Class 1 licences of foreign drivers
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