Skip to main content

Featured

Your daily horoscope: January 20, 2026

  IF TODAY IS YOUR BIRTHDAY This could be and should be the year when you make that breakthrough you have been dreaming of for so long. With dynamic Mars on your side you won’t be slow to take advantage of what the universe has to offer – and that’s lots! ARIES (March 21 - April 20): If you make a special effort on the work front today you will make a big impression on employers and senior colleagues. Mars in the career area of your chart gives you that competitive edge that people in positions of power want to see. TAURUS (April 21 - May 21): If you get the chance to travel over the next few days you must take it. There is a real possibility that you could end up some place that enchants you to such a degree that you don’t want to leave. Maybe one day you’ll retire there. GEMINI (May 22 - June 21): You will be so on top of your game today that your rivals won’t stand a chance. There is also a very real possibility that you will come into money – but if you do be smart and keep it ...
Post a Comment
Read more

article

Labels

Population growth outpaces job creation in Canada

 


Canada’s labour market is facing a challenge as the number of people looking for work is growing faster than the number of jobs available. According to Statistics Canada, employment increased by 25,000 in November, but the unemployment rate rose to 5.8 per cent from 5.7 per cent in October. This is because the population aged 15 and over grew by 870,000, or 2.7 per cent, since the beginning of the year, while the net job gain was only 430,000.

The Bank of Canada has been raising interest rates to curb inflation, but this has also slowed down the economy and the demand for labour. Some economists expect the central bank to start cutting rates in the second quarter of next year to stimulate growth and stabilize the labour market.

The job gains in November were concentrated in the private sector, full-time work, manufacturing and construction. However, some industries, such as wholesale and retail trade, finance, insurance and real estate, saw job losses. Younger workers (15 to 24) also faced higher unemployment than other age groups.

Average hourly wages rose 4.8 per cent year over year in November, matching the increase in October. The Bank of Canada is monitoring wage growth for signs of inflationary pressure. Total hours worked across the economy fell 0.7 per cent in November, indicating a weak performance of gross domestic product that month.


Labels:

Comments

Post a Comment