May 24, 2019

Ontario leads Canada in job growth for February

11 March 2019, 10:37 | Hattie Nash

11:14am Image Credit The Canadian Press

Image Credit The Canadian Press

Job creation in Canada once again blew past expectations with 56,000 positions added in February - majority were full-time. Statistics Canada says it added 18,000 jobs in February with Ontario benefitting from most of the increase.

This is the best month for jobs since 2012, and this strong February comes after an even stronger January. "The weak economic data that closed out 2018, and weak momentum heading into this year has not yet had any impact on labour markets", said TD senior economist Brian DePratto in an investors' note, referring to Canada's overall gains in jobs.

Compared to one year ago, Alberta's unemployment rate was 6.7 per cent.

The nation as a whole added 55,900 jobs while the unemployment rate remained static at 5.8 per cent as more people entered the workforce. In an economy with more than half a million vacant jobs, many seem to be finding work.

Tesla Investors Sue to Stop Musk Tweeting About the Company
Tesla said it raised $521million from Chinese banks as a term loan for raising the local factory. Battery-powered autos have been a rare bright spot amid the broader market's slowdown.

Part-time job losses of 11,600 were offset by an increase of 67,400 full-time jobs. In a speech on Thursday, central bank deputy governor Lynn Patterson highlighted Canada's strong employment numbers as one bright spot in a mixed bag of economic data.

The services-producing sector saw employment increase by 46,200 in February, while jobs in the goods-producing increased by 9,500. Money markets were pricing in less than a 15 percent chance of an interest rate cut this year by the Bank of Canada, down from almost 40 percent before the data.

Year-over-year average hourly wage growth in February for permanent employees was 2.3 per cent, up from January's reading of 1.8 per cent.

Among the Atlantic provinces, New Brunswick had the second-lowest employment rate behind Nova Scotia, at seven per cent.

Election Commission to announce dates of poll today at 5 pm
Elections are also due by May in Jammu and Kashmir, where Governor Satya Pal Malik dissolved the Assembly in November 2018. Four states - Jharkhand, Madhya Pradesh, Maharashtra and Odisha - will have elections in four phases .

Is there any ceiling for job growth in B.C.?

It's down two-tenths of a point from last month's rate of 4.7 percent, and the only province in Canada where the rate is under 5 percent.

In just the past month, Quebec's unemployment rate dropped by 0.1%, along with Manitoba's by 0.2%, BC's by 0.2%, and Nova Scotia's by 0.5%.

Iran accuses Britain of breaking global law over mother jailed in Tehran
Her psychological state is now perilous, and she is suffering from significant neurological and other physical health issues. According to Reuters, Zaghari-Ratcliffe began a hunger strike earlier this year to protest her treatment.

Other News

Trending Now

Trump says Democrats have become an ‘anti-Jewish party’
Omar, for her part, praised the resolution for condemning "anti-Muslim bigotry". And as far as global relations goes, Ms.

Finnish government resigns after healthcare reform fails
President Sauli Niinistö accepted the resignation and asked Mr Sipila's government to continue in office until the elections. The changes were crucial to the three-party governing coalition's plan to balance public finances.

Turbulance injures at least 25 on flight into NY
The National Weather Service's Aviation Weather Center had issued warnings for pilots flying over parts of America's east coast. It was the second mishap on Saturday involving a plane in the NY metropolitan area.

CD Projekt Red discuss Cyberpunk 2077 ahead of it's E3 appearance
Cyberpunk 2077 was re-revealed at E3 2018 previous year , and a 48-minute gameplay trailer left a lot of people very impressed. According to the end of the video, work on the game is " far from over ", but it's still coming - "when it's ready".

Brie Larson hopes Captain Marvel will trigger diversity conversations
Marvel also shared a few photos of Larson serving fans popcorn from the concession stand. Thi alludes to the fact that Fury and Marvel have been in communication for years.

Ball joins Ingram, shut down for season
Lakers coach Luke Walton said earlier this week that Ingram had pain whenever he attempted to lift his arm. There was some mystery behind the reason for Ingram missing the last two games for the Lakers .

Samsung Galaxy S10 Buyers Get Six Free Months of Spotify Premium
Separately, Samsung also announced a promotion with YouTube to give Galaxy S10 buyers access to 4 months of YouTube Premium . If you are buying the new Samsung Galaxy S10 series of smartphones, be sure to check whether the box is sealed or not first.

Woman taking selfie attacked by jaguar at Wildlife World Zoo
An eye witness told CNN that he saw the woman's arm trapped in the jaguar's claws, and the animals teeth had dug into the flesh. It is reported that a guest ran over to help the woman who had crossed over a barrier to take a selfie with the jaguar .

What Brexit game is European Union playing? British parliament leader Leadsom asks
Barnier's most striking idea was to allow the backstop to apply just to Northern Ireland, rather than the whole of the U.K.

National Football League player quits while smoking marijuana
Irving was suspended indefinitely on March 1 after violating the league's Policy and Program for Substances of Abuse. "Basically guys, I quit", Irving said, via Pro Football Talk . "Like I said, it's not about smoking weed ".