US economy plunged an annualized 31.7% in Q2
Previous worst quarterly drop since record-keeping began in 1947 was a 10% annualized loss in 1958.
Ottawa sets minimum unemployment rate at 13.1% for EI calculation
In regions with a higher unemployment rate, benefits will be calculated using the actual rate for that region
Canadian unemployment rate to peak at 11% in Q2: OECD
Jobs should return as lockdowns end, but an unemployment rate of 7.7% by the end of 2021.
1,011,000 jobs lost in March, unemployment rate up to 7.8%
2.2% increase in the national rate the worst single-month change over the last 40-plus years.
US unemployment claims rise by 4,000 to 239,000
US economy still healthy; workers enjoy job security.
US Fed raises rates for 3rd time this year with 1 more expected
Fed may be signalling its resolve to keep raising rates.
Economy adds 31,800 jobs in June, unemployment rate rises to 6%
Average hourly wage growth, closely watched by the Bank of Canada, remained strong last month at 3.6%.
7,500 jobs lost in May, unemployment rate holds steady at 5.8%
Manufacturing employment was down by 18,000, virtually unchanged compared with a year ago.
Youth under-employment: an opportunity to fill skills gaps
Young people looking for a way out of dead-end employment represent the next generation of skilled workers.
