Canadian Population Growth Outstrips Increase In Jobs As Unemployment Nudges Up ...Middle East

Canadian population growth continued to outstrip any increases in employment meaning its unemployment rate nudged up again to hit 5.8 per cent in November even though 25,000 more people landed jobs. The latest rise in the unemployment rate brings the total increase since April this year to 0.8 per cent. Although the unemployment rate has trended up for all major age groups, increases have been more pronounced among youth,” reveals Statistics Canada. “From April to November, the unemployment rate increased by two percentage points, to 11.6 per cent, among youth aged 15 to 24. Over the same period, it increased by 0.6 percentage points among people aged 25 to 54, to 4.9 per cent, and by 0.7

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