Unemployment Rate

• More youth are seeking EI amid rising unemployment rates: StatCan

  Statistics Canada's data showed that the number of youth receiving employment insurance in February increased for the fourth consecutive month.

  Canada

  2 hours
  
• Jump in unemployment rate puts Bank of Canada in a ‘tricky spot’. Here’s why

  Statistics Canada says the unemployment rate hit 6.1 per cent in March amid a loss of 2,200 jobs and a rapidly growing labour pool.

  Economy

  Apr 5
  
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• Lethbridge unemployment rate declined: Statistics Canada

  Statistics Canada shows around 2,900 people found work in the Lethbridge census metropolitan area in October 2023.

  Canada

  Nov 6, 2023
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• London-St. Thomas jobless rate down after hitting 12-month high

  2400 jobs were created in October, bringing the total amount total amount created in the last five months over 15,000. London's unemployment rate fell from September, down to 5.8.

  Canada

  Nov 3, 2023
• Canada’s job market is ‘softening’. What that could mean for interest rates

  Canada's unemployment rate rose to 5.7 per cent in October despite a gain of 18,000 jobs. Economists say it's a sign of 'softening' in the labour market.

  Canada

  Nov 3, 2023
• Inflation uptick could mean interest rates stay higher for longer

  New economic outlooks released this week expect interest rates will start to decline in 2024, but at a slower pace than previously thought.

  Money

  Sep 28, 2023
• Millennials set to face most economic pain in months ahead, RBC says. Here’s why

  Millennials who are saddled with debt such as costly mortgages might well bear the brunt of higher interest rates in the months to come, a new RBC report argues.

  Money

  Aug 23, 2023
• London-St. Thomas unemployment rate rises to highest mark this year in July

  According to Statistics Canada, the reason for the slight is a combination of increases in the labour force and the addition of 1,500 jobs in the London-St. Thomas region.

  Canada

  Aug 4, 2023
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• Southern Alberta a job-seeker’s market as labour challenges persist: experts

  According to Economic Development Lethbridge (EDL), there are approximately 6,000 job vacancies in the Lethbridge-Medicine Hat region.

  Economy

  Jun 12, 2023
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• London-St. Thomas sits at record low unemployment rate for 2nd straight month

  The London-St. Thomas jobless rate held steady at its record low level of 4.4 per cent for the second month in a row.

  Economy

  Jun 9, 2023