emfizz.com November 24, 2017

Prince George's unemployment rate dips to 5.2% in October

05 November 2017, 03:38 | Todd Saunders

Unemployment rates in Montreal, Quebec rise slightly in October

Economy blows past expectations, creates 35000 jobs in October

The net increase to employment was 35,300, with a gain of 89,000 full-time jobs and the loss of 53,000 part-time positions, Statistics Canada said today. The unemployment rate in Saskatchewan fell 0.3 percentage points to 5.9 per cent.

That's down 1.3 percentage points from the rate seen for the same month past year as the number of people holding down jobs rose by 2,100 to 49,500.

The Bank of Canada, citing the need to remove monetary stimulus as the economy strengthened, raised interest rates in July and September and said it would closely review data before deciding whether to hike again. At the same time, their unemployment rate rose 0.8 percentage points to 11.1 per cent, as more of them searched for work, the data agency said. However, employment decreased in Saskatchewan.

Jobs increased by 35,300 in October from the previous month, Statistics Canada said Friday from Ottawa, more than double the 15,000 median forecast in a Bloomberg survey of economists.

Selena Honored With Star on the Hollywood Walk of Fame
Selena was active in her community and donated her time to civic causes. "Because as Eric said, this star isn't only for Selena ". Selena's best-known songs include "Bid, Bid Bom Bom", "Dreaming of You", "No Me Queda Mas", "Amor Prohibido" and "Como La Flor".

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The country added 88,700 full-time jobs in October, and 200,700 over the past two months.

Canada added jobs in October at a stronger-than-expected pace amid a slowing economic backdrop, with full-time employment surging and wage gains accelerating for a second straight month.

The unemployment rate has still not returned to levels observed in the fall of 2014 just prior to the oil-related downturn in the economy.

Employment rose in several industries, led by "other services"; construction; information, culture and recreation; and agriculture. During the same period, the total number of hours worked rose 2.7 %.

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