That year, Nunavut had a 14 percent unemployment rate. In comparison, Yukon had the lowest unemployment rate at 5. Nunavut Nunavut is the largest and most northern province of Canada. Their economy is powered by many industries which include mining, oil, gas, hunting, fishing, and transportation.
They have a high amount of mineral resources and many of their jobs come from mining, however, the territory still suffers from a high unemployment rate , which has fluctuated since The lack of necessary education, skills, and mobility are all factors that play a part in unemployment. Most of the population identifies as Inuit. Their official languages include English, French, and several Inuit languages.
The capital is Iqaluit, which is their largest community and only city. The climate in Nunavut is a polar climate due to its high latitude, and as a result, it rarely goes above 50 degrees Fahrenheit. Unemployment in Canada The unemployment rate in Canada had been decreasing since , but increased to 9.
Since , landed immigrants have faced higher unemployment rates compared to those born in Canada. Youth unemployment in Canada has fluctuated since , but has always remained in the double digits. Additionally, the average duration of unemployment in Canada in was about Loading statistic Show source. Download for free You need to log in to download this statistic Register for free Already a member? Log in.
Show detailed source information? Register for free Already a member? More information. Supplementary notes. Mock's situation, and Kerrobert's, are not unique. Saskatchewan's unemployment rate averaged 8. It's a massive increase over the rate of just 5. The rate is even higher than the downturns of the mids and early s, when Saskatchewan saw unemployment rates in the seven to eight per cent range — as high as 8. But last year's rate is the highest going back as far as , Statistics Canada's data shows.
University of Saskatchewan economist Joel Bruneau says unemployment rates should drop in the coming months, as COVID vaccination rates increase and restrictions are lifted, but any return to pre-pandemic job numbers could be years away. Even though I hope we're going to see a strong rebound over the summer, it just won't be complete," Bruneau said. Bruneau says a lot will depend on how businesses were able to cope with the pandemic and other economic barriers.
Some companies will be able to innovate and take advantage of the new opportunities. Some companies will not be in a position to do that," he said. Saskatchewan Federation of Labour president Lori Johb said the pandemic has particularly affected the workers in the service and tourism sectors, predominantly women. The unemployment rate was 8. What changed is that more people dropped out of the labour force in May, including workers who simply got discouraged and gave up looking for work. The statistics office says there were 49, discouraged job-searchers last month, or 9.
Those who wanted work but did not look for work was more than twice the average of 22, seen in Statistics Canada says the unemployment rate would have been But the actual gap may be larger once adjusting for population growth during the pandemic, which would put the labour market about , jobs, or 3. Statistics Canada says employment in goods-producing sectors dropped for the first time since April , including in manufacturing that saw a decline of 36, jobs in May.
Despite the losses, economists expect things will improve over the coming months as provinces are set to loosen restrictions and reopen economic activity like after the second wave of the pandemic, says TD senior economist Sri Thanabalasingam. But he adds that fewer people in the job market could mean the country faces labour shortages just as demand for workers is set to recover.
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