Thursday 12 December 2019

Canadian Job Numbers Are Out

British Columbia lost 18,000 jobs in November according to Statistics Canada’s Labour Force Survey for November 2019. The Canadian economy lost 71,200 jobs in November and overall unemployment rate went up 0.4 percent from the month before; the worst jobs report since 2009, when Canada was still dealing with the aftermath of the global economic crisis. The natural resources sector had the biggest hit with 25,000 (7.2 per cent) lost jobs. The largest impacts were felt in Alberta and British Columbia.

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