Saturday, 27 February, 2021


These states are enduring the worst unemployment rates

Canada adds 246,000 jobs in August as rebound continues Restaurants in Canada have been among the businesses hardest hit by the coronavirus shutdownMore
Conrad Doyle | 05 September, 2020, 06:43

Canada's job market continues to recover, adding 245,800 jobs in August. Moreover, the pace of gains has slowed, particularly in the hard-hit leisure and hospitality sector.

"We think that the economy's going to need low interest rates, which support economic activity, for an extended period of time", he said. And most of those (238,000) were workers hired on a temporary basis to take the 2020 Census. Most of the job gains stem from workers being recalled from furloughs or temporary layoffs.

While the fresh data may indicate some hope for an economy walloped by the COVID-19 crisis, the unemployment rate still isn't anywhere near pre-pandemic levels. He predicted little movement in the unemployment rate in August and less than one million new jobs added, the consensus forecast for a 1.4 million surge. The unemployment rate fell to 8.4%, from 10.2% a month earlier. At least 29.2 million were receiving unemployment benefits in mid-August.

Alberta's unemployment rate drop of one percentage point is the second-largest decrease last month, again only behind Newfoundland and Labrador where the rate dipped by 2.5 percentage points. The unemployment rate was as high as 14.7% in April, when most of the United States was locked down during the peak of the COVID-19 outbreak.

Brendon Bernard, an economist with job-posting website Indeed.com, wrote this week that August job numbers could yield a few more quick wins with more parts of the country open for business, such as the return of indoor dining across parts of Ontario after July's survey week. "That shouldn't be happening", Adam Ozimek, chief economist at the freelancing platform Upwork, said on Twitter. The dollar was steady against a basket of currencies. However, America is still down 11.5 million jobs from February. With fiscal stimulus tapering off, there has been a raft of furlough announcements. American Airlines has announced its workforce would shrink by 40,000, including 19,000 involuntary cuts. Permanent job losses increased by more than half a million to 3.4 million. "We're well past talking about a V-shaped recovery".

The size of Alberta's labour force declined by 16,000 in August, which was a drop of 0.6 per cent from July.

Recommended

loading...
...

NY state probes Black man’s death after police use ‘spit hood’ restraint NY state probes Black man’s death after police use ‘spit hood’ restraint And in Washington police on Wednesday fatally shot an 18-year-old black man after responding to reports of a man with a gun. They apprehended him and placed him in a spit hood because he had reportedly told them that he had contracted coronavirus .

Tech rout deepens, Nasdaq set for worst two-day fall since March Tech rout deepens, Nasdaq set for worst two-day fall since March Treasuries and the dollar were steady, with moves into haven assets muted despite the pronounced drop in equities. Tens of millions of Americans remain unemployed however, as seen by this week's unemployment benefits numbers.

Donald Trump suggests polling place double-check for mail-in voters Donald Trump suggests polling place double-check for mail-in voters If a voter shows up at a polling place on Election Day, after having requested an absentee ballot, this will be readily apparent. Voters in the few states that don't provide this information online have the option to call their local election office.

TikTok Sale in Jeopardy as China Rewrites Export Rules TikTok Sale in Jeopardy as China Rewrites Export Rules Walmart last week became the latest company to want a piece of TikTok after making a joint bid with Microsoft. TikTok is now being forced by US President Donald Trump to sell its US arm to an American company .

Stars and Stripes: The Pentagon reportedly orders military newspaper to shut down Stars and Stripes: The Pentagon reportedly orders military newspaper to shut down There is increasing concern that Trump is politicising America's military, which is meant to be apolitical, ahead of the election. The House has already passed a funding bill that includes money for Stars and Stripes , although the Senate hasn't yet acted.

Facebook to limit political ads before U.S. election Facebook to limit political ads before U.S.  election Those results will appear in Facebook's Voting Information Center and the company will notify users as results become available. This will present a huge challenge for television news networks, which are used to owning the viewership on Election Night.

Wakanda Forever: Remembering Chadwick Boseman's Legacy Wakanda Forever: Remembering Chadwick Boseman's Legacy Here is everything we know about Marvel's plan to cast a new actor as Black Panther in the sequel to its superhit film. To honour the late actor, Ikorodu Bois decided to remake scenes from his popular superhero movie, "Black Panther".

Kanye West barred from Arizona ballot Kanye West barred from Arizona ballot It's unclear if Clayton has any connections to the Arizona Democratic Party, which didn't return a call Wednesday seeking comment. Speaking following the decision, an attorney accused the West campaign of acquiring fraudulent nominating signatures.

Dr. Dre's Estranged Wife Requests $2M a Month in Temporary Spousal Support But her attorneys say spousal support is necessary for her to "continue to enjoy the lifestyle she enjoyed during marriage". Dre's net worth is estimated at $ 800 million denies that he ever tore up the prenup and he wants it enforced.

Moeen thanks Morgan as he ends England run drought Moeen thanks Morgan as he ends England run drought England were in early trouble in their reply when opener Jonny Bairstow was bowled by a Shaheen Afridi (2-28) yorker for a duck. Pakistan pacer Wahab Riaz bowled a brilliant 19th over, in which he conceded just three runs while running out Chris Jordan.

Justin Bieber stands in for Drake in Popstar video Justin Bieber stands in for Drake in Popstar video Many fans questioned if Bieber was using his ex to "stay relevant" and wondered why the lyric was needed in the first place. Ch- ch- take a look at the video (listed below) to see Justin funneling his finest Drake! "This guy is off his rocker".

Donald Trump hopes for election boost from Kosovo-Serbia talks Donald Trump hopes for election boost from Kosovo-Serbia talks Vucic said Trump had done a "great job" and praised the U.S. president's commitment to the region, inviting him to visit Serbia. Trump said Serbia has committed to open a commercial office in Jerusalem this month and move its embassy there in July.

Province confirms 148 new COVID cases today Province confirms 148 new COVID cases today Health Minister Christine Elliott tweeted that the city itself recorded 31 new cases, with neighbouring Peel region reporting 45. There are now 1,282 active cases of COVID-19 in Ontario, including 66 patients hospitalized with the coronavirus.

Osaka battles into last 16 of US Open Osaka battles into last 16 of US Open Meanwhile, a 6-3 6-4 win for Angelique Kerber over Ann Li means that she has moved into the round of 16 without dropping a set. Instead, Gracheva made 33 unforced errors and Martic capitalised on them to prevail 6-3 6-3 in one hour and 27 minutes.

Kai Havertz could have Chelsea medical on Saturday as transfer fee agreed Kai Havertz could have Chelsea medical on Saturday as transfer fee agreed He has proven pedigree in one of the best leagues in Europe, he plays for the German national side and he is an exciting, dynamic talent.