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Ottawa's unemployment rate drops to 6.7% in January | Ottawa Business Journal

Ottawa-Gatineau’s unemployment rate dipped one-tenth of a percentage point last month, Statistics Canada says, as an uptick in overall employment was offset by an almost identical increase in the number of people actively searching for work.
The region’s jobless rate dropped to 6.7 per cent in January from 6.8 per cent in December, the agency reported Friday. (StatsCan previously pegged December’s rate at 6.7 per cent, but the agency recently updated its figures for the past several years as part of its standard revision process.)
The number of people working in Ottawa-Gatineau rose by about 9,600 last month, StatsCan said. At the same time, the region’s labour force also grew by about 9,200 people in January after several months of decline as job-hunters began returning to the market. ....

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Women, youth bear the brunt of January job losses, unemployment rate hits 9.4%

Women, youth bear the brunt of January job losses, unemployment rate hits 9.4%
alaskahighwaynews.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from alaskahighwaynews.ca Daily Mail and Mail on Sunday newspapers.

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January job losses wipe out months of gains

Brandon Sun
By: Jordan Press, The Canadian Press
Posted:
Last Modified: 2:38 PM CST Friday, Feb. 5, 2021
OTTAWA - Canada s labour market saw months of gains wiped out in a matter of weeks as widespread lockdowns and school closures erased 212,800 jobs in January, hitting mothers and youth particularly hard.
A worker smooths concrete at a housing development in Toronto, Thursday, Jan. 16, 2020. THE CANADIAN PRESS/Cole Burston
OTTAWA - Canada s labour market saw months of gains wiped out in a matter of weeks as widespread lockdowns and school closures erased 212,800 jobs in January, hitting mothers and youth particularly hard.
The monthly job declines were the worst seen since last April, sending the unemployment rate up 0.6 percentage points to 9.4 per cent, the highest rate since August. ....

United States , Mikal Skuterud , Yves Francois Blanchet , Brendon Bernard , Leah Nord , Cole Burston , Maan Alhmidi , Robert Asselin , Justin Trudeau , Pierre Poilievre , Mike Blanchfield , Kaylie Tiessen , University Of Waterloo , Business Council Of Canada , Canadian Chamber , Statistics Canada , Business Council , Trudeau Liberals , Quebecois Leader Yves Francois Blanchet , Minister Justin Trudeau , Canadian Press , ஒன்றுபட்டது மாநிலங்களில் , ஐவ் பிராங்கோயிஸ் பிளான்செட் , பிரெண்டன் பெர்னார்ட் , லியா நார்ட் , ராபர்ட் அஸ்ஸலின் ,

The trillion-dollar question is how federal spending will position the economy for post-pandemic success

The debate over how cheap Canada's debt will be to finance in the short run is inconsequential compared to the magnitude of the fiscal and economic challenges we will face over the longer horizon if we don't raise our game, writes Robert Asselin. ....

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Feds told not to expect easy road to recovery

Officials believed in late summer that an economic recovery would not magically happen if lockdowns and public health restrictions disappeared, a newly obtained federal document shows.
The internal briefing note says a key to recovery is the level of trust people have in their government s ability to contain the spread of COVID-19.
The Canadian Press used the Access to Information Act to obtain the Finance Department briefing note, prepared in early September.
While restrictions and lockdowns are common ways to reduce transmission of the novel coronavirus, the note also lays out other options, including increased testing and contact-tracing.
It says countries that have managed to reduce transmission of the virus to very low levels have seen more people visit retailers, use transit and head to workplaces. ....

Robert Asselin , Business Council Of Canada , Business Council , ராபர்ட் அஸ்ஸலின் , வணிக சபை ஆஃப் கனடா , வணிக சபை ,