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Sudbury adds full-time jobs in February, but loses part-time positions: StatsCan


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In a bit of good news, the Sudbury area added 700 full-time jobs in February, Statistics Canada says.
However, a loss of 1,100 part-time positions led to a decrease of 400 total jobs in February as Sudbury’s unemployment rate jumped to 8.7 per cent in February, an 0.8 per cent increase compared to January.
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Sudbury adds full-time jobs in February, but loses part-time positions: StatsCan Back to video
StatsCan said full-time employment was still down 8,200 jobs from the peak in April 2019, but stood 2,000 jobs above the recent trough in June 2020. ....

Lawrence Schembri , Derek Holt , Andrew Kelvin , Royce Mendes , Getty Images , Statistics Canada , Canada Deputy Governor Lawrence Schembri , லாரன்ஸ் ஷ்சேம்பிரி , டெரெக் ஹோல்ட் , ஆண்ட்ரூ கெல்‌விந் , ராய்ஸ் மேஂடெஸ் , கெட்டி படங்கள் , புள்ளிவிவரங்கள் கனடா , கனடா துணை கவர்னர் லாரன்ஸ் ஷ்சேம்பிரி ,

Bank of Canada sees possible 'positive' spending surprise, but ongoing need for stimulus


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The Bank of Canada sees the potential for a pleasant surprise from savings-fuelled household spending, but also that monetary stimulus will continue to be required for some time as the economy gradually recovers from the COVID-19 pandemic and is reshaped somewhat in its wake.
Bank of Canada Deputy Governor Lawrence Schembri on Thursday said that while many people have lost their jobs and taken hits to their finances during the pandemic, “forced and precautionary” savings have added up to an estimated $180 billion or so.
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Bank of Canada sees possible positive spending surprise, but ongoing need for stimulus Back to video ....

Lawrence Schembri , Geoff Zochodne , David Kawai Bloomberg , Canada Deputy Governor Lawrence Schembri , Canada Governor Tiff , லாரன்ஸ் ஷ்சேம்பிரி , டேவிட் கவை ப்ளூம்பெர்க் , கனடா துணை கவர்னர் லாரன்ஸ் ஷ்சேம்பிரி , கனடா கவர்னர் டிஃப் ,