Statistics Canada to release August jobs report today amid labour market slowdown

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Statistics Canada is set to release its August labour force survey this morning.

Economists polled by Reuters are forecasting employers added 25,000 jobs and the unemployment rate rose to 6.5 per cent in the month, according to LSEG Data & Analytics.Canada's jobless rate has been rising for the last year and a half as high interest rates slow economic activity.The Bank of Canada cut its key interest rate for the third time in a row on Wednesday and signalled more rate cuts are on the way, so long as inflation continues to cool.

Starting Monday, Sept. 9, federal employees in the core public administration will be required to be in the office a minimum of three days a week, and executives will need to be on-site a minimum of four days a week.Ontario child-care centres that aren't participating in the national $10-a-day program will soon lose provincial funding to offer fee subsidies to lower-income families and their staff could see a pay cut of $2 an hour.

There were almost zero measles cases in Canada during the pandemic, but as travel restrictions eased, the country started seeing infections again. With vaccination rates down, some health officials are concerned.Telegram founder and CEO Pavel Durov promised to step up efforts to fight criminality on the messaging app, his first public comments since French authorities handed him preliminary charges for allegedly allowing the platform's use for criminal activity.

A black bear cub survived a 10-hour drive to Windsor while being fed Taco Bell after being found in the middle of a road near Cochrane, Ont.A British Columbia woman who unsuccessfully sued her downstairs neighbour last fall for making too much noise has now failed in a bid to sue her upstairs neighbour for being too loud.A trumpeter from Windsor is performing at the Detroit Jazz Festival this weekend — a rare honour for a musician from the Rose City.

The Alzheimer's Society of Saskatchewan has opened up a major fundraising campaign to the general public in hopes of finding the cure for dementia.International students in Kitchener, Ont. lose thousands of dollars to alleged rental scam London Health Sciences Centre announced Thursday it has cut dozens of top administration positions, reducing the payroll by millions of dollars.More than $132 million in funding for affordable housing in London was announced at city hall today – just blocks away from where that money will be put to good use.What appears to be a stunt on a crane high above London, Ont. is gaining traction online and disdain from some viewers and emergency officials.

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Statistics Canada to release August jobs report today amid labour market slowdownOTTAWA — Statistics Canada is set to release its August labour force survey this morning.
Fonte: YahooFinanceCA - 🏆 47. / 63 Consulte Mais informação »