CANADIAN JOB LOSSES IN SOFTWOOD LUMBER

Due to the drop in lumber prices, 3900 Canadians have been effected in the softwood lumber industry in British Columbia. Some saw mills closed, and others decreased it’s production. Canadians that lost their jobs must get first choice in vacant positions in...

LOWEST UNEMPLOYMENT RATE IN 43 YEARS

The Canadian economy created 106 500 jobs in April 2019 and 27 700 jobs in May 2019. This resulted in the jobless rate to drop to 5,4 % which is the lowest since 1976. Source: https://www.cbc.ca/news/business/may-jobs-statscan-1.5166200

Canada lowest unemployment rate since 2008

Canada’s unemployment rate fell to 6,5 % which is the lowest it has been since 2008. From September¬† 2018 to May 2019 Canada developed 32 000 jobs. However cost of living increased 3 times faster than the increase in wage income. Source: CBC. See...