👉Statistics Canada's Friday report reveals that the Canadian economy gained 37,000 jobs in January, marking a slight decrease in unemployment to 5.7%, the first decline since December 2022. While the overall employment figures surpassed economists' expectations, the positive change was predominantly fueled by an uptick in part-time positions, offsetting the loss of 12,000 full-time jobs. Average hourly wages continued their growth trend, rising by 5.3% compared to the previous year. Employment increases were notable in sectors like wholesale/retail trade and finance, while accommodation and food services experienced the largest decline. Last year, Canada's labor market faced challenges due to high interest rates impacting consumer spending and business investment.✅ . 𝐔𝐧𝐥𝐨𝐜𝐤 𝐲𝐨𝐮𝐫 𝐝𝐫𝐞𝐚𝐦 𝐡𝐨𝐦𝐞 𝐰𝐢𝐭𝐡 𝐌𝐚𝐧𝐨𝐣 𝐊𝐚𝐫𝐚𝐭𝐡𝐚, 𝐚𝐧 𝐚𝐰𝐚𝐫𝐝-𝐰𝐢𝐧𝐧𝐢𝐧𝐠 𝐑𝐞𝐚𝐥𝐭𝐨𝐫 𝐢𝐧 𝐎𝐧𝐭𝐚𝐫𝐢𝐨. 𝐂𝐚𝐥𝐥: +𝟏 (𝟔𝟒𝟕) 𝟐𝟐𝟔-𝟐𝟔𝟔𝟓 𝐄𝐦𝐚𝐢𝐥: 𝐦𝐚𝐧𝐨𝐣@𝐭𝐡𝐞𝐜𝐚𝐧𝐚𝐝𝐢𝐚𝐧𝐡𝐨𝐦𝐞.𝐜𝐨𝐦 @manojkaratha_realtor . . #CanadianEconomy #JobMarket #UnemploymentRate #StatisticsCanada #WageGrowth #EconomicRecovery #LaborMarketAnalysis #mnm #malayalisnearmeapp #canadaupdate #canadanews

Exploring Job Opportunities in Toronto? 🏙️ Check out the top in-demand jobs in various sectors! From tech to healthcare, these vacancies showcase the city's thriving job market. Whether you're a seasoned professional or just starting your career journey, Toronto's got something for everyone. 🔍👷‍♂️👩‍⚕️ Learn more at www.jobbank.gc.ca . . #TorontoJobs #CareerOpportunities #JobMarket #WorkInCanada"

👉The latest report from Statistics Canada revealed that the unemployment rate in Canada increased to 5.2% in May, up from 5% in April. This unexpected rise indicates a challenging job market, as the net change in employment recorded a loss of 17,300 jobs, following a significant increase of 41,400 jobs in April. This decline in employment missed market expectations of a modest increase of 23,200 jobs by a wide margin.✅ . . #CanadaJobsReport #UnemploymentRate #CanadianEconomy #LaborMarket #JobMarket #EmploymentData #LaborStatistics #mnm #malayalisnearmeapp #canadaupdate #canadanews

👉Young people in Toronto are finding it challenging to secure employment as the youth unemployment rate climbs to its highest level since 2016. Christine Erhirhie, a first-year student at the University of Toronto Mississauga, shared her months-long struggle to find a summer job. Statistics Canada data for April 2024 shows a national youth unemployment rate of 12.8%, with Toronto's rate even higher at 16.8%. The city's youth unemployment rate has not been this high in April since 2014, excluding the pandemic years. Employment agency CEOs acknowledge the difficulties young people face in landing jobs.✅ . 𝐒𝐞𝐜𝐮𝐫𝐞 𝐲𝐨𝐮𝐫 𝐝𝐫𝐞𝐚𝐦 𝐡𝐨𝐦𝐞 𝐰𝐢𝐭𝐡 𝐍𝐞𝐞𝐧𝐚 𝐕𝐚𝐫𝐠𝐡𝐞𝐬𝐞, 𝐎𝐧𝐭𝐚𝐫𝐢𝐨'𝐬 𝐦𝐨𝐫𝐭𝐠𝐚𝐠𝐞 𝐞𝐱𝐩𝐞𝐫𝐭. 𝐂𝐚𝐥𝐥: +𝟏 (𝟒𝟑𝟕) 𝟗𝟖𝟐-𝟎𝟖𝟎𝟒 @neena.robin . . #YouthUnemployment #TorontoJobs #JobHunt #YouthEmploymentCrisis #TorontoYouth #JobMarket #EmploymentChallenges #mnm #malayalisnearmeapp #canadaupdate #canadanews

👉Statistics Canada's latest report shows Canada's employment rate slightly declined by 0.1 percentage points in February, marking the fifth consecutive monthly decrease. Although employment rose by 41,000, population growth surpassed it, resulting in a drop to 61.5%. Over the past year, the employment rate has decreased by 0.9%. Alberta and Nova Scotia saw employment gains, while Manitoba experienced a decline. Full-time job numbers increased by 71,000 in February, with self-employed workers also showing a 1.5% rise. This trend is attributed to rapid population growth outpacing employment growth.✅ . 𝐓𝐨𝐲𝐨𝐭𝐚 & 𝐇𝐨𝐧𝐝𝐚 𝐍𝐞𝐰 𝐚𝐧𝐝 𝐔𝐬𝐞𝐝 𝐯𝐞𝐡𝐢𝐜𝐥𝐞𝐬 𝐅𝐫𝐞𝐞 𝐠𝐚𝐬 𝐜𝐚𝐫𝐝 𝐰𝐢𝐭𝐡 𝐞𝐯𝐞𝐫𝐲 𝐩𝐮𝐫𝐜𝐡𝐚𝐬𝐞! 𝐌𝐚𝐧𝐨𝐣 𝐉𝐨𝐬𝐞𝐩𝐡 𝐀𝐬𝐬𝐢𝐬𝐭𝐚𝐧𝐭 𝐒𝐚𝐥𝐞𝐬 𝐌𝐚𝐧𝐚𝐠𝐞𝐫 +𝟏 (𝟔𝟒𝟕) 𝟖𝟗𝟒-𝟎𝟕𝟔𝟏 𝐦𝐚𝐧𝐨𝐣.𝐦𝐮𝐤𝐤𝐮𝐧𝐝𝐚𝐧@𝐨𝐩𝐞𝐧𝐫𝐨𝐚𝐝𝐭𝐨𝐲𝐨𝐭𝐚.𝐜𝐚 𝐰𝐰𝐰.𝐛𝐫𝐚𝐦𝐩𝐭𝐨𝐧𝐞𝐚𝐬𝐭𝐭𝐨𝐲𝐨𝐭𝐚.𝐜𝐚 𝟐 𝐌𝐚𝐫𝐢𝐭𝐢𝐦𝐞 𝐎𝐧𝐭𝐚𝐫𝐢𝐨 𝐁𝐥𝐯𝐝, 𝐁𝐫𝐚𝐦𝐩𝐭𝐨𝐧, 𝐎𝐍 𝐋𝟔𝐬 𝟎𝐂𝟐 @mukkadan.joseph . . #EmploymentRate #StatisticsCanada #CanadianEconomy #PopulationGrowth #JobMarket #EconomicTrends #LabourForceSurvey #mnm #malayalisnearmeapp #canadaupdate #canadanews

👉Ontario is set to break down barriers for newcomers by banning employers from demanding Canadian work experience in job postings or applications. Labour Minister David Piccini emphasized the need to provide opportunities for new Canadians, acknowledging their wealth of knowledge and skills. Recent immigrants with degrees often find themselves in jobs requiring only a high school education. The proposed legislation, part of a broader labor law overhaul, aims to address systemic barriers faced by newcomers and enhance transparency in hiring practices. The move has received positive responses, although some argue for additional support like bridging programs.✅ . . #OntarioWorkExperience #EmploymentNews #TorontoJobs #CareerOpportunities #JobMarket #WorkforceDevelopment #CanadianJobs #mnm #malayalisnearmeapp #canadaupdate #canadanews

👉The Canadian job market has gained 18,000 jobs in the previous month of October. However, the unemployment rates have gone up slightly from 5.5% to 5.7%. Wage growth slowed to 4.8% from 5% back in September. While the construction and information sectors have witnessed job growths, there was an overall decline in the wholesale, retail, and manufacturing industries. The economy faces headwinds due to rising interest rates.✅ . . #CanadianJobs #UnemploymentRate #JobMarket #EconomicNews #WageGrowth #CanadianEconomy #canadajobbabk #mnm #malayalisnearmeapp #canadaupdate #canadanews