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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 ...
The unemployment rate in Alberta peaked in November 2016 at 9.1%. Its lowest point in a ten-year period from July 2009 to July 2019, was in September 2013 at 4.3%. [12] The unemployment rate in the spring of 2019 in Alberta was 6.7% with 21,000 jobs added in April. [13] By July 2019, the seasonally adjusted unemployment rate had increased to 7. ...
April 1, 2024 To be increased to $15.70 on April 1, 2025 and $16.50 on October 1, 2025 [19] Each April 1, based on Canada CPI for January through November of the previous calendar year plus, starting in 2023, 1%. [20] [b] In 2019 and 2021, an extra $0.30 was added before applying indexation. In 2020, the minimum wage was increased by $1.00 in ...
Since September 2010, the key interest rate (overnight rate) was 0.5%. In mid 2017, inflation remained below the Bank's 2% target, (at 1.6%) [ 98 ] mostly because of reductions in the cost of energy, food and automobiles; as well, the economy was in a continuing spurt with a predicted GDP growth of 2.8 percent by year end.
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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 ...
The 2023 Canadian federal worker strike was a strike by Canadian federal workers who are members of the Public Service Alliance of Canada (PSAC). The strike took place between April 19 and May 3, 2023, although the Treasury Board bargaining units ended their strike on May 1.
Canada Summer Jobs (CJS): Through temporary changes to the CSJ program, the federal government agreed to create up to 120,000 job opportunities for students by (a) providing a wage subsidy for private and public-sector employers of up to 75% of the provincial/territorial minimum wage for each employee; (b) an extension to the end date for ...