Category: employment

Yellen Says US Could Return to Full Employment Next Year if Congress Passes $1.9 Trillion Relief Bill

The United States could return to full employment in 2022 if Congress approves President Joe Biden’s relief package, Treasury Secretary Janet Yellen predicted on Feb. 7. “I would expect that, if this package is passed, that we would get back to full employment next year,” Yellen said on CNN’s “State of the Union.” Full employment…


Statistics Canada Says Economy Lost 213,000 Jobs in January

Statistics Canada says the economy lost 213,000 jobs in in January as employment fell to the lowest level since August last year, wiping out the gains made in the fall. The unemployment rate rose 0.6 percentage points to 9.4 per cent, the highest rate since August. Financial data firm Refinitiv says the average economist estimate was for…


Economy Lost 213,000 Jobs in January as Lockdown Measures Hit Ontario, Quebec

Statistics Canada says the economy lost almost 213,000 jobs in January as employment fell to the lowest level since August last year, wiping out the gains made in the fall. The unemployment rate rose 0.6 percentage points to 9.4 percent, the highest rate since August. Financial data firm Refinitiv says the average economist estimate was…