Canada's employment continues upward trend in March
Darpan News Desk IANS, 06 Apr, 2023 03:40 PM
Canada's employment grew by 35,000, or 0.2 per cent, in March, following little change in February and strong growth in January and December, Statistics Canada said.
Employment has generally trended up since September 2022. Over that period, the number of people employed has increased by 383,000, or 1.9 per cent, the national statistical agency added on Thursday.
Employment gains in March were concentrated among private sector employees and there was little change in the number of public sector employees and self-employed workers, the agency said.
According to the agency, for the fourth consecutive month, the unemployment rate was five per cent in March, just above the record low of 4.9 per cent observed in June and July of 2022, Xinhua news agency reported.
Total hours worked rose 0.4 per cent in March and were up 1.6 per cent on a year-over-year basis, the agency said.
Average hourly wages rose 5.3 per cent to 33.12 Canadian dollars ($24.5) on a year-over-year basis in March, compared with 5.4 per cent in February, Statistics Canada added.
In Canada, the economy continues to operate in excess demand and labour markets remain tight. The demand for goods and services is still running ahead of the economy’s ability to supply them, putting upward pressure on domestic inflation.
Previously, the majority of immigrants to Canada came from Europe, but now most immigrants come from Asia, including the Middle East. One in five people coming to Canada were born in India, the data shows, making it the top country of birth for recent arrivals.
Peace Arch Provincial Park, the nine-hectare park that straddles the B.C.-Washington state border south of Vancouver, reopened Monday after being closed more than two years ago amid pandemic-related border closures.
Shaw's ownership of Freedom Mobile has widely been seen as the main obstacle to the deal's approval, and Montreal-based Videotron earlier this year agreed to buy it for $2.85 billion. But Champagne said before he would approve the Videotron deal, he requires additional concessions.
The central bank is expected to raise its key interest rate by half or three quarters of a percentage point on Wednesday in an effort to clamp down on decades-high inflation, making it the sixth consecutive rate hike this year.
On March 19, 2021, Richmond RCMP officers responded to the 22000-block of Rathburn Drive to assist with a structure fire. The deceased were identified as brothers, Chaten Dhindsa, 25 and Joban Dhindsa, 23, both of Richmond. The injuries sustained by the Dhindsa brothers were consistent with a homicide.
