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In a June 7, 2008 article in The Globe and Mail, Heather Scoffield wrote that for the first time since 1982, Canada's unemployment rate was lower than that of the United States. Scoffield said that this indicated that the economic recession was "less painful in Canada" where the May unemployment rate was 6.1% while the US rate was 5.5%. [37]
Current unemployment rates by country; OECD Unemployment statistics; Unemployment statistics by Lebanese-economy-forum, World Bank data; Labour and unemployment statistics by country; Thermal maps of the world's unemployment percentage rates – by country, 2007–2010
The government's social distancing rules had the effect of limiting economic activity in the country. Companies started mass layoffs of workers, and Canada's unemployment rate was 13.5 percent in May 2020, the highest it has been since 1976. [1] Many large-scale events that planned to take place in 2020 in Canada were cancelled or delayed.
Unemployment rate (2021) [1] This is a list of countries by unemployment rate.Methods of calculation and presentation of unemployment rate vary from country to country. Some countries count insured unemployed only, some count those in receipt of welfare benefit only, some count the disabled and other permanently unemployable people, some countries count those who choose (and are financially ...
Nonfarm payrolls increased by 256,000 jobs in December while the unemployment rate dropped to 4.1% from 4.2% in November. ... two interest rate cuts this year compared to the four it had forecast ...
This is a list of countries by employment rate, the proportion of employed adults at working age. The definition of "working age" varies: Many sources, including the OECD, use 15–64 years old, [1] but EUROSTAT uses 20–64 years old, [2] the United States Bureau of Labor Statistics uses 16 years old and older (no cut-off at 65 and up), [3] and the Office for National Statistics of the United ...
Here is how the numbers look in that comparison: Change in unemployment rate from February 2020 to February 2021: +2.7. Percent change in unemployment rate from February 2020 to February 2021: +77.14%
The lowest level of national unemployment came in 1947 with a 2.2% unemployment rate, a result of the smaller pool of available workers caused by casualties from the Second World War. The highest level of unemployment throughout Canada was set in December 1982, when the early 1980s recession resulted in 13.1% of the adult population being out ...