Canada s GDP grew 1 4% in the first quarter of 2021: StatCan ipolitics.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ipolitics.ca Daily Mail and Mail on Sunday newspapers.
N.W.T. productivity declines while other territories surge
The N.W.T. was alone in Canada in seeing its labour productivity drop but that may not be as bad a thing as it sounds.
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CBC News ·
Posted: May 21, 2021 11:51 AM CT | Last Updated: May 21
Heavy haulers move rock out of the Diavik diamond mine pit on the shore of Lac de Gras, approximately 300 kilometres northeast of Yellowknife, N.W.T. A considerable scaling back of mining operations drove a decline in productivity in 2020.(Adrian Wyld/The Canadian Press)
Grand Prix du Canada | Un écart « difficile à expliquer » lapresse.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lapresse.ca Daily Mail and Mail on Sunday newspapers.
New Jobless Claims Drop to Lowest Levels in More than a Year
With more states and cities lifting restrictive business measures amid a decline in the number of coronavirus cases, the jobs economy continues to show slow signs of improvement. This morning we get the Canadian perspective as René Tardif of Optimum Talent weighs in.
May 13, 2021 – The Labor Department reported that 473,000 Americans filed new claims for state unemployment benefits. This is the lowest level for initial claims since March 14, 2020 when it was 256,000. The previous week’s level was revised up by 9,000 from 498,000 to 507,000. The four-week moving average was 534,000, a decrease of 28,250 from the previous week’s revised average. This is also the lowest level for this average since March 14, 2020 when it was 225,500. Since last February, the U.S. has lost over 11 million jobs. “Net, claims fell more than expected last week,” said Rubeela Farooqi, chief U.S. economist for High Frequency Economics.