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NEWS
November 9, 1996 | CRAIG TURNER, TIMES STAFF WRITER
Thanks to three years of government austerity, a tough anti-inflation stance by the central bank and a boom in trade with the United States, the Canadian economy, which not long ago was derided by international investors as similar to that of a banana republic, may be poised for a long-awaited breakthrough. Recent economic indicators point that way.
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NEWS
November 9, 1996 | CRAIG TURNER, TIMES STAFF WRITER
Thanks to three years of government austerity, a tough anti-inflation stance by the central bank and a boom in trade with the United States, the Canadian economy, which not long ago was derided by international investors as similar to that of a banana republic, may be poised for a long-awaited breakthrough. Recent economic indicators point that way.
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BUSINESS
January 26, 1995 | Times Wire Reports
Canada's Jobless Claims Down 3.1%: The number of people receiving unemployment insurance in Canada fell to 843,000 in November, Statistics Canada said. The total number of people who filed new claims also fell, down 1% to 242,000, the federal statistics agency said. All figures are seasonally adjusted. The number of beneficiaries declined in every province except Prince Edward Island, where the number increased 1%. Ontario saw a 3.
BUSINESS
January 26, 1995 | Times Wire Reports
Canada's Jobless Claims Down 3.1%: The number of people receiving unemployment insurance in Canada fell to 843,000 in November, Statistics Canada said. The total number of people who filed new claims also fell, down 1% to 242,000, the federal statistics agency said. All figures are seasonally adjusted. The number of beneficiaries declined in every province except Prince Edward Island, where the number increased 1%. Ontario saw a 3.
BUSINESS
July 11, 1992 | From Reuters
Canada's unemployment rate hit an eight-year peak in June, the highest among major industrialized nations, depressing hopes of any quick relief from Canada's two-year recession. Statistics Canada, a government agency, reported Friday that Canada's jobless rate jumped to 11.6% in June from 11.2% in May. Economists had expected the rate to drop to 11.1%.
BUSINESS
October 17, 1991 | From Times Staff and Wire Reports
Economy Is Canada's No. 1 Worry: Canada's sputtering recovery is posing such serious problems for the country that it has become the No. 1 worry of the public, which fears high unemployment. A poll showed 79% of Canadians are worried about the economy, dwarfing concerns about national unity or the environment. The poll, conducted by a television network and two major newspapers, said 22% say unemployment is the country's biggest problem, double the rate of last November.
NEWS
September 5, 1987 | United Press International
Canada's jobless rate fell in August to 8.8%, the lowest level in 5 1/2 years, as the number of unemployed workers dropped to about 1.15 million, the government said Friday. The government agency Statistics Canada said the estimated number of unemployed workers declined by 39,000 while employment rose by 42,000 to about 12 million, a combination that cut the jobless rate from 9.1% in July.
NEWS
May 9, 1987 | Associated Press
The number of unemployed Canadians totaled 1,271,000 in April, 126,000 fewer than in March and 32,000 fewer than a year earlier, Statistics Canada said Friday.
BUSINESS
September 7, 1991 | From Reuters
Canada's unemployment rate rose to 10.6% in August, its highest level since April, 1985, pointing to a sluggish recovery from recession. The number of unemployed rose by 13,000 to 1.46 million, while the number of employed fell 20,000 to 12.34 million, the government agency Statistics Canada said Friday. The jobless rate was 10.5% in July. "The numbers point to a sluggish recovery," said John Clinkard, a Canadian Imperial Bank of Commerce economist.
BUSINESS
December 29, 1991 | MARY WILLIAMS WALSH, TIMES STAFF WRITER
After rebounding weakly in the summer and fall, the Canadian economy appears to be sinking back into recession, extending what some say is the worst slump here since the Great Depression. Even before the current slowdown began, Canada had gone through a grueling recession--far longer and deeper than the one in the United States--and had already lost hundreds of thousands of jobs.
BUSINESS
July 11, 1992 | From Reuters
Canada's unemployment rate hit an eight-year peak in June, the highest among major industrialized nations, depressing hopes of any quick relief from Canada's two-year recession. Statistics Canada, a government agency, reported Friday that Canada's jobless rate jumped to 11.6% in June from 11.2% in May. Economists had expected the rate to drop to 11.1%.
BUSINESS
June 8, 1992 | From Times Staff and Wire Reports
Canada Jobless Rate at 11.2%: With 1.54 million workers unemployed in May, the level was the highest in nearly eight years, the government said. The rate was up from 11% in April. Analysts said it will continue to rise and cut into consumer spending as the economy only slowly recovers from recession. Despite rising layoffs, overall employment grew by 31,000 to 12.2 million in May as more people entered the labor force. But the growth was almost entirely in part-time jobs.
BUSINESS
December 29, 1991 | MARY WILLIAMS WALSH, TIMES STAFF WRITER
After rebounding weakly in the summer and fall, the Canadian economy appears to be sinking back into recession, extending what some say is the worst slump here since the Great Depression. Even before the current slowdown began, Canada had gone through a grueling recession--far longer and deeper than the one in the United States--and had already lost hundreds of thousands of jobs.
BUSINESS
October 17, 1991 | From Times Staff and Wire Reports
Economy Is Canada's No. 1 Worry: Canada's sputtering recovery is posing such serious problems for the country that it has become the No. 1 worry of the public, which fears high unemployment. A poll showed 79% of Canadians are worried about the economy, dwarfing concerns about national unity or the environment. The poll, conducted by a television network and two major newspapers, said 22% say unemployment is the country's biggest problem, double the rate of last November.
BUSINESS
September 7, 1991 | From Reuters
Canada's unemployment rate rose to 10.6% in August, its highest level since April, 1985, pointing to a sluggish recovery from recession. The number of unemployed rose by 13,000 to 1.46 million, while the number of employed fell 20,000 to 12.34 million, the government agency Statistics Canada said Friday. The jobless rate was 10.5% in July. "The numbers point to a sluggish recovery," said John Clinkard, a Canadian Imperial Bank of Commerce economist.
NEWS
September 5, 1987 | United Press International
Canada's jobless rate fell in August to 8.8%, the lowest level in 5 1/2 years, as the number of unemployed workers dropped to about 1.15 million, the government said Friday. The government agency Statistics Canada said the estimated number of unemployed workers declined by 39,000 while employment rose by 42,000 to about 12 million, a combination that cut the jobless rate from 9.1% in July.
BUSINESS
June 8, 1992 | From Times Staff and Wire Reports
Canada Jobless Rate at 11.2%: With 1.54 million workers unemployed in May, the level was the highest in nearly eight years, the government said. The rate was up from 11% in April. Analysts said it will continue to rise and cut into consumer spending as the economy only slowly recovers from recession. Despite rising layoffs, overall employment grew by 31,000 to 12.2 million in May as more people entered the labor force. But the growth was almost entirely in part-time jobs.
NEWS
May 9, 1987 | Associated Press
The number of unemployed Canadians totaled 1,271,000 in April, 126,000 fewer than in March and 32,000 fewer than a year earlier, Statistics Canada said Friday.
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