Canadian Unemployment at 7.4%

Written by user

May 5, 2020

May 5, 2020

December 4 2011 – Statistics Canada reported that the unemployment rate rose by 0.1% to 7.4% in November as employment fell by 19,000 – 53,000 part-time jobs lost compensated partly by more full-time jobs. Quebec and Saskatchewan showed employment losses in November while Nova Scotia gained jobs.

Seasonally adjusted, unemployment rates vary from 13.2% (Newfoundland and Labrador) to 5.0% (Alberta).

 

Rates for all the provinces were (previous month in brackets):

  • Newfoundland and Labrador 13.2% (12.9%)
  • Prince Edward Island 11.1% (11.2%)
  • Nova Scotia 8.6% (8.6%)
  • New Brunswick 9.8% (9.4%)
  • Quebec 8.0% (7.7%)
  • Ontario 7.9% (8.1%)
  • Manitoba 5.5% (5.2%)
  • Saskatchewan 5.1% (4.1%)
  • Alberta 5.0% (5.1%)
  • British Columbia 7.0% (6.6%)

Ken Georgetti, president of the Canadian Labour Congress said:

“Canada’s economy is headed for a slow down, according to the Organization for Economic Co-operation and Development and other expert observers.

“That means unemployment will remain high at a time when the Employment Insurance system is failing workers who lose their jobs. That has to be fixed and the place to begin is with the next federal budget.”

CLC Senior Researcher Chris Roberts provided the following analysis:

“Canada’s job market continued to sputter in November. Having been essentially flat since July, employment fell for the second consecutive month. The labour market lost a net 18,600 jobs, with all of the reduction coming in part-time work, which fell by 53,300. Many of these part-time jobs were among the self-employed, with 27,500 jobs lost from last month. Full-time jobs rose by 34,600 in November, making up only half of October’s full-time job losses. The number of unemployed Canadians increased for the second straight month, climbing by 20,500 to 1,394,700. The unemployment rate rose to 7.4 % up from 7.3 % in October and 7.1% in September. While employment in manufacturing fell for the second month in a row (-7,300), job losses in November were concentrated in services (-43,900), particularly retail and wholesale trade (-34,100) and business services (-29,200).”

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5 Reasons Why You Should Treat Your Candidates Like Customers

5 Reasons Why You Should Treat Your Candidates Like Customers

5 Reasons Why You Should Treat Your Candidates Like Customers

Written by user

May 5, 2020

May 5, 2020

During the hiring process, it’s important to treat potential candidates as you would your customers. The market is competitive and you really can’t afford to not make the best impression every time, right? What this means is: respond punctually, be respectful, and help candidates grow through feedback even if you don’t decide to move forward with them. Need more convincing? Here are 5 reasons we think treating your candidates like customers is integrally important to the success of your business.

You are always selling something.

To your customers, you’re selling a product. To a candidate, your company is the product. Recruiters and Marketers have very similar jobs — to demonstrate that a product is interesting and unique by communicating effectively what the product is and inspiring interest in it. Whether or not the candidate is hired, recruiters are still the first point of contact a candidate will make with your company. Make it count by giving recruiters the tools they need to do the best job they can do. Value their position in the company and their impact to the bottom line.

Your reputation matters big time.

Brand reputation is crazy important. When you treat a candidate poorly during the hiring process, you lose the chance of making them a fan of your company and potentially, a customer. What is more, word-of-mouth is to the power of 1,000 these days thanks to social media. Poor hiring strategies coupled with a disgruntled candidate who decides to send out an unhappy tweet about your company, can mean devastating negative press for your brand. Be clear on your hiring strategy, act respectfully and professionally. It’s far easier to do this than to do damage control.

Ken Georgetti, president of the Canadian Labour Congress said:

“Canada’s economy is headed for a slow down, according to the Organization for Economic Co-operation and Development and other expert observers.

“That means unemployment will remain high at a time when the Employment Insurance system is failing workers who lose their jobs. That has to be fixed and the place to begin is with the next federal budget.”

CLC Senior Researcher Chris Roberts provided the following analysis:

“Canada’s job market continued to sputter in November. Having been essentially flat since July, employment fell for the second consecutive month. The labour market lost a net 18,600 jobs, with all of the reduction coming in part-time work, which fell by 53,300. Many of these part-time jobs were among the self-employed, with 27,500 jobs lost from last month. Full-time jobs rose by 34,600 in November, making up only half of October’s full-time job losses. The number of unemployed Canadians increased for the second straight month, climbing by 20,500 to 1,394,700. The unemployment rate rose to 7.4 % up from 7.3 % in October and 7.1% in September. While employment in manufacturing fell for the second month in a row (-7,300), job losses in November were concentrated in services (-43,900), particularly retail and wholesale trade (-34,100) and business services (-29,200).”

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