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Toronto, July 11 : The unemployment rate in Canada, the most robust of all G8 economies during the current global crisis, has jumped to 8.6 percent, a national report here has said.
DENIS LANGLOIS Sun Times staff The number of people left jobless in Grey, Bruce, Huron and Perth counties ballooned by nearly 84% in the first half of this year, compared to the first six months of 2008, newly released Statistics Canada figures show.[...]
Chrysler Canada has cancelled plans to end the third shift at its minivan plant in Windsor, Ont., a decision that will save more than 1,200 jobs, CAW president Ken Lewenza said Friday.
Many Canadians are shifting to self-employment and part-time work as the recession kills off full-time jobs. Still, the alarming erosion of jobs is easing.
US Dollar, Japanese Yen Gain as Markets Remain Uneasy, US Consumer Confidence Falls The US dollar and Japanese yen made headway once again on Friday as risk appetite remained uneasy. There were a variety of US economic releases, which offered mixed results.
But evidence suggests global trade flows will recover by the end of the year and lift Canada over the hurdles to recovery
Canada's unemployment rate edged up 0.2 percentage points to 8.6 per cent in June but the economy only shed 7,400 jobs. Economists had predicted that Canada would lose about 35,000 jobs in June.
Canada received better economic news than expected Friday with the release of new employment numbers that suggest the massive job losses experienced earlier this year may be at an end.
The pace of job losses in Canada slowed unexpectedly in June, signalling the recession that has gripped the country since late last year may be starting to ease.
Chrysler Canada has cancelled plans to end the third shift at its minivan plant in Windsor, Ont., a decision that will save more than 1,200 jobs,
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