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The employment rate in Canada rose by 55,900 people in February after an increase of 66,800 in the previous month, official statistics show. The increase in this figure in the first two months is observed for the first time since 1981. In the six months to February, the most significant growth in number of jobs since the early 2000s was recorded. The figure for this time reached 290 thousand. The increase in the number of jobs indicates a rise in the labor force, while the unemployment rate in the country remained unchanged at the January level of 5.8%. In the non-agricultural sector, the number of jobs increased by 20 thousand. Wage growth for regular employees accelerated in February to 2.2% from 1.8% a month earlier. Based on this news, the Canadian dollar added 0.4%.
Gold prices rose earlier on Monday in Asia, remaining above the $1,800 as the COVID-19 pandemic continues to worsen around the world. Gold futures slipped by 0.29%, trading at $1,807.15 per ounce by 12:47 AM ET (05:47 AM GMT). Investors flocked ...
U.S. President Donald Trump’s administration said on Monday that the small business pandemic aid program worth $660 billion was as a “wild success.” The data showed that 51 Million jobs for America’s small businesses ...
Levi Strauss & Co (LEVI.N) expects that its business would lose footing in the second half of the year. The company deemed it possible even as its sales were seen recovering at its reopened stores, following virus-related lockdowns imposed ...
U.S. stock index futures rose on Thursday, ahead of the much-awaited jobs report that could signal further evidence of an economic rebound in June. However, gains remained limited by the record surge in daily COVID-19 cases. Dow e-minis gained ...
On Wednesday, Ryanair's (RYA.I) Chief Executive Officer Michael Kevin O'Leary announced that around 3,500 jobs would be slashed at the airline unless it could agree on a series of pay cuts with staff. The warning came after the company resumed ...
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