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Spike in jobless rate: Stat Can

Darpan News Desk The Canadian Press, 05 Apr, 2024 12:45 PM
  • Spike in jobless rate: Stat Can

While Canada’s jobless rate jumped to 6.1 per cent in March, B-C gained more jobs. 

B-C and Ontario were the only two provinces to report an increase in jobs last month, with 66-hundred more people employed in this province. 

Jobs Minister Brenda Bailey says almost all of B-C’s gains in March were in full-time employment, with many of those going to women. 

The jump in the unemployment rate Canada-wide comes with higher borrowing costs on businesses and strong population growth, which adds to the country’s labour supply.

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