Canada's economy 'back down to earth,' sheds 41K jobs in July; unemployment rate steady at 6.9%
Latest data follow June job growth that exceeded expectations by economists.
ca.finance.yahoo.com
Let's bring in more tfws
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ca.finance.yahoo.com
Let's bring in more tfws
Spot on, especially the risk averse and support parts. Its the main reason for the stagnation.
Youth unemployment rose to 14.6%, highest since Sept 2010 (excl. 2020–2021).
Over 600,000 temporary residents planned to come in for 2025, and over 500,000 more coming in both 2026 and 2027. Not even counting permanent residents and asylum claims. Thank you Carney
We have now got 3 TFWs in Canada for every single job vacancy. 500k job vacancies and 1.5 million job permits for the 2.8 million or more temporary residents.
Youth employment fell 34,000 (–1.2%) in July.
Student unemployment reached 17.5%, worst July since 2009 (excl. 2020).
Long-term unemployment hit 23.8%, highest since Feb 1998 (excl. 2020–2021).
Total employment fell by 41,000 (–0.2%), with full-down 51,000.
Employment rate dropped to 60.7%, down 0.4 points since January.
Private sector jobs declined by 39,000 (–0.3%) in July.
Information, culture and recreation lost 29,000 jobs (–3.3%).
Construction employment fell 22,000 (–1.3%) in July.
Unemployment among Arab youth reached 26.4%, the highest of any group. Black youth followed at 23.4%, then Chinese (20.5%), Filipino (19.4%), and South Asian (17.1%). The rate for non-racialized, non-Indigenous youth was 12.0%.
Black youth unemployment is 23.4%
Over 600,000 temporary residents planned to come in for 2025, and over 500,000 more coming in both 2026 and 2027. Not even counting permanent residents and asylum claims. Thank you Carney
We have now got 3 TFWs in Canada for every single job vacancy. 500k job vacancies and 1.5 million job permits for the 2.8 million or more temporary residents.
Youth employment fell 34,000 (–1.2%) in July.
Student unemployment reached 17.5%, worst July since 2009 (excl. 2020).
Long-term unemployment hit 23.8%, highest since Feb 1998 (excl. 2020–2021).
Total employment fell by 41,000 (–0.2%), with full-down 51,000.
Employment rate dropped to 60.7%, down 0.4 points since January.
Private sector jobs declined by 39,000 (–0.3%) in July.
Information, culture and recreation lost 29,000 jobs (–3.3%).
Construction employment fell 22,000 (–1.3%) in July.
Unemployment among Arab youth reached 26.4%, the highest of any group. Black youth followed at 23.4%, then Chinese (20.5%), Filipino (19.4%), and South Asian (17.1%). The rate for non-racialized, non-Indigenous youth was 12.0%.
Black youth unemployment is 23.4%
EarlyEarly
Superstar
Who here calls Rogers and actually gets to someone. I’m going down every branch and none of the info is relevant and I can’t get to a rep.
500k smhYouth unemployment rose to 14.6%, highest since Sept 2010 (excl. 2020–2021).
Over 600,000 temporary residents planned to come in for 2025, and over 500,000 more coming in both 2026 and 2027. Not even counting permanent residents and asylum claims. Thank you Carney
We have now got 3 TFWs in Canada for every single job vacancy. 500k job vacancies and 1.5 million job permits for the 2.8 million or more temporary residents.
Youth employment fell 34,000 (–1.2%) in July.
Student unemployment reached 17.5%, worst July since 2009 (excl. 2020).
Long-term unemployment hit 23.8%, highest since Feb 1998 (excl. 2020–2021).
Total employment fell by 41,000 (–0.2%), with full-down 51,000.
Employment rate dropped to 60.7%, down 0.4 points since January.
Private sector jobs declined by 39,000 (–0.3%) in July.
Information, culture and recreation lost 29,000 jobs (–3.3%).
Construction employment fell 22,000 (–1.3%) in July.
Unemployment among Arab youth reached 26.4%, the highest of any group. Black youth followed at 23.4%, then Chinese (20.5%), Filipino (19.4%), and South Asian (17.1%). The rate for non-racialized, non-Indigenous youth was 12.0%.
Black youth unemployment is 23.4%
How many panjeets
?
More people from Africa/South America pls
No more parjeets
Spread the wealth around
we need to stop all of it there are no jobs'
these big wig fools will still scream a labour hortage
you know what no jobs leads to?
angry white men who commit terrorist attacks
angry white men who commit terrorist attacks
MAGA MIKE you need to calm down. You've turned this page into your personal hate fest for brown people for the last 2-3 years. We get it. You hate Indians and like to call them names.
Givethanks
Superstar
This is why I can't get on board with that kind of business.
I do not stand with these people and never will
I do not stand with these people and never will
trap101-ETHout-Allegri-In
Superstar
This is why I can't get on board with that kind of business.
I do not stand with these people and never will
Very disrespectful
Those cacs need a beating
This is why I can't get on board with that kind of business.
I do not stand with these people and never will
Try this shyt in Scarborough and you'll get your soul snatched with the quickness. Think its some Indian dude fresh off the boat and find out they're actually Tamil, and clicked up. Watched Tamils chop each other with machetes as a teen...
Or try this with some Trini or Guyanese and watch shyt switch at the drop of a dime. Also hear how fast they are to call you ******? Scarborough don't play that shyt. There are a lot of brown and black mixed families. This whole hate Indians is just code for hating anything not white that white men don't want to fukk. Its sick and it spreads like a disease. Don't do their work for them. And shut down brown folks who talk shyt about blacks too. Educate your community. Start local.
EarlyEarly
Superstar
Lmfao. shyt is a friggin crap shoot. Sometimes you go down and get the "We're experiencing high volume, continue pushing buttons", and then if your lucky you'll get sent to a rep. I couldn't tell you how I got there if I tried. I dead ass think it's RNG.Look at my post at the bottom of the last page..........
This is why I can't get on board with that kind of business.
I do not stand with these people and never will
I'm realizing that racist White people view the slur "******" as their ultimate verbal weapon of disrespect against all Non-White people.
They refer to Arabs as "sand ******s" I've seen them call a Chinese man a "yellow ******" and I'm reading a book by a Canadian Indigenous author who was called a "jack pine ******" as a youth.
South Asian/Indian people in my experience pretty much mind their own business and don't bother other people.
For those of y'all who don't like Indians ok....just never forget which group has people that really don't want any Non-White people here, as evidenced by these White racist thugs.