May 23, 2022

Wire Service Canada

Complete Canadian News World

Canada: Unemployment rate returns to prebandom level

Published:

Estimated reading time: 2 minutes

Financial trend analysis

Unemployment returns to Canada at prebandom levels.

Unemployment returns to Canada on a prebandemic level. According to Statistics Canada (National Statistics Organization of Ottawa), the unemployment rate in February fell to 5.5% from 6.2% in January (6.0% in November and December), compared to 6.0% in Reuters. In February 2020, this number was less than 5.7% before the outbreak of the corona virus infection. A total of 336,600 jobs were created in Canada last month, losing 200,100 in January (a positive balance of 78,600 in December) and more than the 160,000 expected by economists.

(RR – www.ftaonline.com)

Financial trend analysis (FTA Online) is a company that specializes in providing financial content. The field of research analyzes the markets as a whole, with the aim of supporting the category of institutional and private investors and its immediate understanding of changes in the financial markets to provide sophisticated services.

READ  Hot off-season between Canada and Northwest America ┬ź3B Meteo