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Job Market Slows in May

Canada’s unemployment rate held steady at 7.3 per cent in May following two months of large gains. Statistics Canada said Friday the economy created 7,700 new jobs last month. That wasn’t enough to move the employment rate one way or the other, although it was slightly ahead of the 5,000 gains that economists were expecting. […]

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Canada Loses Jobs in November

Canada shed another 19,000 jobs in November on the heels of a steep drop in October, edging the national unemployment rate to 7.4%. The economy lost 53,000 part-time jobs, offset by a gain of 35,000 full-time jobs, according to labour force numbers released by Statistics Canada on Friday. Finn Poschmann, vice-president of research at economic […]

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How to Cope with Unemployment

Monday is the day of love, but if you are one of 1.4 million unemployed Canadians, chocolates and flowers may be the last thing on your mind. Two weeks ago, Finance Minister Jim Flaherty spoke pessimistically in the House of Commons about employment prospects in 2011. He said the best we could hope for was […]