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At the height of the 2008–2009 recession in Canada, unemployment peaked at 8.3 percent. [38] The subprime mortgage crisis and the 2007–2009 which followed, increased the unemployment rate to a peak of 10% in October 2009. Since then, the unemployment rate has been steadily falling. It reached 5% in December 2015.
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.
In 1898, BLS published a report that compared wages in the United States to those in Europe and in 1902 it published a report that described labor conditions in Mexico. [ 2 ] In 1915, the first issue of the Monthly Labor Review , the Bureau's research journal, contained articles on employment and various other economic indicators in foreign ...
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 ...
But the solid job growth data, combined with an unemployment rate that, at 3.7%, is usually a sign of a healthy labor market, is colliding with other, more worrisome trends.
The unemployment rate rose from 4.1% to 4.2%, the Labor Department said Friday. Economists surveyed by Bloomberg had forecast 215,000 job gains. Also encouraging: Job gains for September and ...
This is a list of OECD countries by long-term unemployment rate published by the OECD. This indicator refers to the number of persons who have been unemployed for one year or more as a percentage of the labour force (the sum of employed and unemployed persons).
Data from the Bureau of Labor Statistics released Friday showed the labor market added 303,000 nonfarm payroll jobs in March, significantly more than the 214,000 expected by economists. Meanwhile ...