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The number of jobs in the Canadian economy grew by 11,000,200 in October, Statistics Canada reported. However, the figure turned out to be lower than the forecasts of experts, who had expected it to increase by 15 thousand places. Unemployment in October fell to a 40-year low, reaching 5.8%. In the previous month, its value was 5.9%, and experts had not expected it to change. The workforce has fallen by 18,200 people, so the number of Canadians seeking work has decreased. The average hourly wage rose at the slowest rate for the year, its growth was 2.2%. Compared with October last year, employment in Canada increased by 17 thousand 200 people. At the same time, the full-time employment rate increased by 33 thousand 900 people, and the part-time, by contrast, decreased by 22 thousand 600 people.
June had seen Japan’s industrial output breaking its four-month slump. The recuperation could be attributed to a modest recovery seen in broader business and consumer activity after the world’s third-biggest economy suffered from ...
The second quarter had seen Australian consumer prices dropping by a record. This could be attributed to the coronavirus crisis dragging child care cost and petroleum prices, inflicting a serious damage to years of growth toward higher inflation. Last ...
The dollar sat near two-year lows on Wednesday as the United States struggled to control the coronavirus outbreak, breaking hopes for a fast economic recovery. The gloomy outlook for the U.S. economy is expected to urge the Federal Reserve ...
Spain’s unemployment rose to 15.33% for the second quarter of 2020, according to Tuesday’s data from the National Statistics Institute amid the worsening COVID-19 situation in the country. The unemployment rate surged past the ...
Australia had seen its employment rate dropping 1.1% between mid-June and mid-July, weekly data showed on Tuesday. In addition to this, the southeastern state of Victoria recorded the sharpest plunge in employment as the state suffers from ...
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