#statisticscanada

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๐Ÿ‘‰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.โœ… . ๐”๐ง๐ฅ๐จ๐œ๐ค ๐ฒ๐จ๐ฎ๐ซ ๐๐ซ๐ž๐š๐ฆ ๐ก๐จ๐ฆ๐ž ๐ฐ๐ข๐ญ๐ก ๐Œ๐š๐ง๐จ๐ฃ ๐Š๐š๐ซ๐š๐ญ๐ก๐š, ๐š๐ง ๐š๐ฐ๐š๐ซ๐-๐ฐ๐ข๐ง๐ง๐ข๐ง๐  ๐‘๐ž๐š๐ฅ๐ญ๐จ๐ซ ๐ข๐ง ๐Ž๐ง๐ญ๐š๐ซ๐ข๐จ. ๐‚๐š๐ฅ๐ฅ: +๐Ÿ (๐Ÿ”๐Ÿ’๐Ÿ•) ๐Ÿ๐Ÿ๐Ÿ”-๐Ÿ๐Ÿ”๐Ÿ”๐Ÿ“ ๐„๐ฆ๐š๐ข๐ฅ: ๐ฆ๐š๐ง๐จ๐ฃ@๐ญ๐ก๐ž๐œ๐š๐ง๐š๐๐ข๐š๐ง๐ก๐จ๐ฆ๐ž.๐œ๐จ๐ฆ @manojkaratha_realtor . . #CanadianEconomy #JobMarket #UnemploymentRate #StatisticsCanada #WageGrowth #EconomicRecovery #LaborMarketAnalysis #mnm #malayalisnearmeapp #canadaupdate #canadanews

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9 months ago

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๐Ÿ‘‰In August, Canada's unemployment rate held firm at 5.5%, with the economy gaining 40,000 jobs, according to Statistics Canada. This report marks the end of a three-month streak of rising joblessness. The federal agency noted that the nation's robust population growth necessitates consistent monthly job growth to maintain the current unemployment rate. Employment increased in professional, scientific, and technical services, as well as construction, while jobs declined in education services and manufacturing. On a positive note, average hourly wage growth remained robust, increasing by 4.9% annually. This data follows the recent decision by the Bank of Canada to keep interest rates unchanged amid signs of economic weakening.โœ… . . #UnemploymentRate #EconomicNews #JobsReport #StatisticsCanada #CanadianEconomy #EmploymentData #LaborMarket #mnm #malayalisnearmeapp #canadaupdate #canadanews

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1 year ago

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๐Ÿ‘‰Statistics Canada reports a 0.2% increase in real GDP for July, following a stagnant June, mainly due to growth in the retail trade sector, which rose 1%. Motor vehicle and parts dealers led the sector with a 2.8% gain. Services-producing industries saw a 0.2% rise, while the public sector grew 0.3%, and the finance and insurance sector increased by 0.5%. Goods-producing industries had a modest 0.1% growth, with the utilities sector up 1.3% and manufacturing rising 0.3%. Early estimates for August suggest no significant GDP change, as gains in oil and gas were offset by drops in manufacturing and transportation.โœ… . ๐”๐ง๐ฅ๐จ๐œ๐ค ๐ฒ๐จ๐ฎ๐ซ ๐๐ซ๐ž๐š๐ฆ ๐ก๐จ๐ฆ๐ž ๐ฐ๐ข๐ญ๐ก ๐Œ๐š๐ง๐จ๐ฃ ๐Š๐š๐ซ๐š๐ญ๐ก๐š, ๐š๐ง ๐š๐ฐ๐š๐ซ๐-๐ฐ๐ข๐ง๐ง๐ข๐ง๐  ๐‘๐ž๐š๐ฅ๐ญ๐จ๐ซ ๐ข๐ง ๐Ž๐ง๐ญ๐š๐ซ๐ข๐จ. ๐‚๐š๐ฅ๐ฅ: +๐Ÿ (๐Ÿ”๐Ÿ’๐Ÿ•) ๐Ÿ๐Ÿ๐Ÿ”-๐Ÿ๐Ÿ”๐Ÿ”๐Ÿ“ ๐„๐ฆ๐š๐ข๐ฅ: ๐ฆ๐š๐ง๐จ๐ฃ@๐ญ๐ก๐ž๐œ๐š๐ง๐š๐๐ข๐š๐ง๐ก๐จ๐ฆ๐ž.๐œ๐จ๐ฆ @manojkaratha_realtor . . #CanadaGDP #EconomicGrowth #RetailTrade #Manufacturing #StatisticsCanada #CanadianEconomy #FinanceSector #mnm #malayalisnearmeapp #canadaupdate #canadanews

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1 month ago

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๐Ÿ‘‰In June, Statistics Canada reported a 0.6% decline in wholesale sales, totaling $82.4 billion when excluding petroleum, petroleum products, oilseed, and grain. This marks a drop in five of the seven subsectors. The motor vehicle and motor vehicle parts and accessories subsector experienced a 2.6% decrease, with motor vehicle merchant wholesalers falling by 2.7% to $11.5 billion. The machinery, equipment, and supplies subsector also saw a 0.5% decrease, totaling $17.9 billion. In terms of volume, wholesale sales decreased by 0.9%. While oilseed and grain and petroleum sectors were recently added, their data are currently excluded from monthly analysis due to insufficient historical data.โœ… . ๐’๐ž๐œ๐ฎ๐ซ๐ž ๐ฒ๐จ๐ฎ๐ซ ๐๐ซ๐ž๐š๐ฆ ๐ก๐จ๐ฆ๐ž ๐ฐ๐ข๐ญ๐ก ๐๐ž๐ž๐ง๐š ๐•๐š๐ซ๐ ๐ก๐ž๐ฌ๐ž, ๐Ž๐ง๐ญ๐š๐ซ๐ข๐จ'๐ฌ ๐ฆ๐จ๐ซ๐ญ๐ ๐š๐ ๐ž ๐ž๐ฑ๐ฉ๐ž๐ซ๐ญ. ๐‚๐š๐ฅ๐ฅ: +๐Ÿ (๐Ÿ’๐Ÿ‘๐Ÿ•) ๐Ÿ—๐Ÿ–๐Ÿ-๐ŸŽ๐Ÿ–๐ŸŽ๐Ÿ’ @neena.robin . . #WholesaleSales #StatisticsCanada #EconomicData #MotorVehicleSales #MachineryEquipment #CanadianEconomy #TradeReport #mnm #malayalisnearmeapp #canadaupdate #canadanews

173 Views

3 months ago

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๐Ÿ‘‰Canada's inflation rate rose to 2.9% in May, surprising economists who anticipated a decline from April's 2.7%, according to Statistics Canada. The rise was driven mainly by increased costs in services, particularly cellphone services, travel tours, rent, and air transportation, which saw a 4.6% hike. This unexpected increase disrupts the trend of cooling inflation seen earlier this year and has led financial markets to lower expectations of a rate cut in July to below 50%. The Bank of Canada, which recently cut interest rates for the first time in four years, has indicated that future rate decisions will depend on economic data.โœ… . ๐’๐ž๐œ๐ฎ๐ซ๐ž ๐ฒ๐จ๐ฎ๐ซ ๐๐ซ๐ž๐š๐ฆ ๐ก๐จ๐ฆ๐ž ๐ฐ๐ข๐ญ๐ก ๐๐ž๐ž๐ง๐š ๐•๐š๐ซ๐ ๐ก๐ž๐ฌ๐ž, ๐Ž๐ง๐ญ๐š๐ซ๐ข๐จ'๐ฌ ๐ฆ๐จ๐ซ๐ญ๐ ๐š๐ ๐ž ๐ž๐ฑ๐ฉ๐ž๐ซ๐ญ. ๐‚๐š๐ฅ๐ฅ: +๐Ÿ (๐Ÿ’๐Ÿ‘๐Ÿ•) ๐Ÿ—๐Ÿ–๐Ÿ-๐ŸŽ๐Ÿ–๐ŸŽ๐Ÿ’ @neena.robin . . #CanadaInflation #EconomicUpdate #StatisticsCanada #CPI #BankOfCanada #InflationRise #FinancialNews #mnm #malayalisnearmeapp #canadaupdate #canadanews

150 Views

4 months ago

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๐Ÿ‘‰Statistics Canada reports a 0.7% rise in retail sales for April, reaching $66.8 billion, boosted by higher sales at gasoline stations and food and beverage retailers. Sales increased in seven of the nine tracked subsectors, with gasoline stations and fuel vendors up 4.5% and food and beverage retailers up 1.9%. However, sales at motor vehicle and parts dealers fell 2.2%, with new car sales dropping 2.9%. Core retail sales, excluding gas stations and vehicle dealers, rose 1.4%. In volume terms, retail sales increased 0.5%. The advance estimate for May suggests a 0.6% decline, subject to revision.โœ… . ๐”๐ง๐ฅ๐จ๐œ๐ค ๐ฒ๐จ๐ฎ๐ซ ๐๐ซ๐ž๐š๐ฆ ๐ก๐จ๐ฆ๐ž ๐ฐ๐ข๐ญ๐ก ๐Œ๐š๐ง๐จ๐ฃ ๐Š๐š๐ซ๐š๐ญ๐ก๐š, ๐š๐ง ๐š๐ฐ๐š๐ซ๐-๐ฐ๐ข๐ง๐ง๐ข๐ง๐  ๐‘๐ž๐š๐ฅ๐ญ๐จ๐ซ ๐ข๐ง ๐Ž๐ง๐ญ๐š๐ซ๐ข๐จ. ๐‚๐š๐ฅ๐ฅ: +๐Ÿ (๐Ÿ”๐Ÿ’๐Ÿ•) ๐Ÿ๐Ÿ๐Ÿ”-๐Ÿ๐Ÿ”๐Ÿ”๐Ÿ“ ๐„๐ฆ๐š๐ข๐ฅ: ๐ฆ๐š๐ง๐จ๐ฃ@๐ญ๐ก๐ž๐œ๐š๐ง๐š๐๐ข๐š๐ง๐ก๐จ๐ฆ๐ž.๐œ๐จ๐ฆ @manojkaratha_realtor . . #RetailSales #CanadaEconomy #StatisticsCanada #GasPrices #FoodSales #EconomicTrends #MarketUpdate #mnm #malayalisnearmeapp #canadaupdate #canadanews

166 Views

4 months ago

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๐Ÿ‘‰Canada's unemployment rate increased slightly to 6.2% in May, with a net gain of 27,000 jobs reported by Statistics Canada. Despite job gains, population growth outpaced employment growth. Sectors like health care, finance, and food services saw gains, while construction and transportation sectors experienced losses. The rise in employment was driven by part-time positions, with a decrease in full-time jobs. Additionally, more Canadians are resorting to part-time work due to limited full-time opportunities. Economists note a slowdown in the Canadian economy post-April's robust job report, indicating a cooling but stable economy.โœ… . ๐„๐ฑ๐ฉ๐ž๐ซ๐ญ ๐Œ๐จ๐ซ๐ญ๐ ๐š๐ ๐ž ๐€๐๐ฏ๐ข๐ฌ๐ž- ๐€๐ญ ๐š ๐ญ๐ข๐ฆ๐ž ๐š๐ง๐ ๐ฉ๐ฅ๐š๐œ๐ž ๐œ๐จ๐ง๐ฏ๐ž๐ง๐ข๐ž๐ง๐ญ ๐Ÿ๐จ๐ซ ๐ฒ๐จ๐ฎ! ๐‰๐จ๐ฆ ๐Œ๐š๐ญ๐ญ๐š๐ฆ ๐Œ๐จ๐›๐ข๐ฅ๐ž ๐Œ๐จ๐ซ๐ญ๐ ๐š๐ ๐ž ๐€๐๐ฏ๐ข๐ฌ๐จ๐ซ +๐Ÿ ๐Ÿ”๐Ÿ’๐Ÿ• ๐Ÿ—๐Ÿ๐ŸŽ ๐Ÿ”๐Ÿ“๐Ÿ‘๐ŸŽ ๐ฃ๐จ๐ฆ.๐ฆ๐š๐ญ๐ญ๐š๐ฆ@๐œ๐ข๐›๐œ.๐œ๐จ๐ฆ @jom_mattam . . #UnemploymentRate #JobGrowth #StatisticsCanada #CanadianEconomy #PartTimeJobs #FullTimeEmployment #EconomicTrends #mnm #malayalisnearmeapp #canadaupdate #canadanews

205 Views

5 months ago

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๐Ÿ‘‰Canada's annual CPI inflation fell to 2.7% in April from 2.9% in March, aligning with market expectations, according to Statistics Canada. Monthly, the CPI rose 0.5%, while core CPI, excluding food and energy, remained unchanged. The Bank of Canada's core CPI increased by 1.6% annually, down from 2% in March. In response, the USD/CAD rose slightly, up 0.1% to 1.3638.โœ… . ๐๐ž๐ฌ๐ญ ๐ˆ๐ง๐๐ข๐š-๐‚๐š๐ง๐š๐๐š ๐Ÿ๐ฅ๐ข๐ ๐ก๐ญ ๐๐ž๐š๐ฅ๐ฌ ๐š๐ฐ๐š๐ข๐ญ! ๐‘๐š๐ก๐ฆ๐š๐ง ๐“๐ซ๐š๐ฏ๐ž๐ฅ ๐’๐ž๐ซ๐ฏ๐ข๐œ๐ž๐ฌ (๐Ÿ”๐Ÿ’๐Ÿ•) ๐Ÿ–๐Ÿ–๐Ÿ—-๐Ÿ๐Ÿ•๐Ÿ•๐Ÿ”, ๐Ÿ—๐ŸŽ๐Ÿ“-๐Ÿ’๐Ÿ๐Ÿ-๐Ÿ๐Ÿ•๐Ÿ–๐Ÿ• ๐ฌ๐š๐ฅ๐ž๐ฌ@๐ซ๐š๐ก๐ฆ๐š๐ง๐ญ๐ซ๐š๐ฏ๐ž๐ฅ๐ฌ๐ž๐ซ๐ฏ๐ข๐œ๐ž๐ฌ.๐œ๐จ๐ฆ @rahmantravelservices . . #CanadaInflation #CPI #EconomicUpdate #StatisticsCanada #BankofCanada #USD #CAD #FinancialNews #mnm #malayalisnearmeapp #canadaupdate #canadanews

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5 months ago

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Immigration Post

Canada Sees Job Growth in April, Ontario, British Columbia, Quebec, and New Brunswick Lead the Way

โœ…In April, Canada experienced a surge in job growth, particularly in Ontario, British Columbia, Quebec, and New Brunswick, which collectively added 74,800 new jobs. The increase was largely driven by employment gains among core-aged men and women, as well as male youth. Despite this growth, employment among women aged 55 and older decreased. However, the overall employment rate remained steady at 61.4%. Although employment rose in professional, scientific, and technical services, accommodation and food services, and healthcare and social assistance, unemployment rates among visible minorities increased over the past year. Source: www.immigration.ca . ๐€๐ฎ๐ ๐ฎ๐ฌ๐ญ๐ข๐ง๐ž ๐‰๐จ๐ฒ ๐“๐š๐ฑ ๐๐ซ๐จ๐Ÿ๐ž๐ฌ๐ฌ๐ข๐จ๐ง๐š๐ฅ @taxesatjoy @augustine.joy_ ๐™Ž๐™ฉ๐™ช๐™™๐™š๐™ฃ๐™ฉ ๐™Ž๐™ช๐™ฅ๐™ฅ๐™ค๐™ง๐™ฉ ๐™‰๐™š๐™ฌ๐™˜๐™ค๐™ข๐™š๐™ง๐™จ ๐˜ผ๐™จ๐™จ๐™ž๐™จ๐™ฉ๐™–๐™ฃ๐™˜๐™š ๐˜ฝ๐™ช๐™จ๐™ž๐™ฃ๐™š๐™จ๐™จ ๐™๐™–๐™ญ ๐™จ๐™ค๐™ก๐™ช๐™ฉ๐™ž๐™ค๐™ฃ๐™จ ๐™Ž๐™ข๐™–๐™ก๐™ก ๐˜ฝ๐™ช๐™จ๐™ž๐™ฃ๐™š๐™จ๐™จ ๐˜พ๐™ค๐™ง๐™ฅ๐™ค๐™ง๐™–๐™ฉ๐™ž๐™ค๐™ฃ๐™จ ๐˜ผ๐™ช๐™™๐™ž๐™ฉ๐™ž๐™ฃ๐™œ ๐™๐™š๐™ฅ๐™ง๐™š๐™จ๐™š๐™ฃ๐™ฉ๐™–๐™ฉ๐™ž๐™ค๐™ฃ +๐Ÿ ๐Ÿ‘๐ŸŽ๐Ÿ” ๐Ÿ‘๐Ÿ๐Ÿ‘ ๐Ÿ”๐Ÿ—๐Ÿ–๐Ÿ— ๐ญ๐š๐ฑ๐ž๐ฌ๐š๐ญ๐ฃ๐จ๐ฒ@๐ ๐ฆ๐š๐ข๐ฅ.๐œ๐จ๐ฆ ๐ฐ๐ฐ๐ฐ.๐ญ๐š๐ฑ๐ž๐ฌ๐š๐ญ๐ฃ๐จ๐ฒ.๐œ๐š ๐’๐ž๐ซ๐ฏ๐ข๐œ๐ž ๐ฅ๐จ๐œ๐š๐ญ๐ข๐จ๐ง: ๐€๐ฅ๐ฅ ๐จ๐ฏ๐ž๐ซ ๐‚๐š๐ง๐š๐๐š ๐ž๐ฑ๐œ๐ž๐ฉ๐ญ ๐๐ฎ๐ž๐›๐ž๐œ . . #CanadaJobs #EmploymentGrowth #LabourMarket #StatisticsCanada #mnm #malayalisnearmeapp #MalayalisNearMe #ImmigrationUpdate #ImmigrationNews #CanadaImmigration

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6 months ago

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๐Ÿ‘‰According to a new report from Statistics Canada, Alberta was one of Canada's leading economic contributors in 2023, despite a national growth slowdown. While Canada's real GDP growth dropped to 1.2%, down from 3.6% in 2022, Alberta's economy expanded by 1.5%, following a 5.1% growth in 2022. Alberta ranked third in economic contributions, behind Ontario and B.C. The province's growth was mainly driven by mining, quarrying, and oil gas extraction, which accounted for 46% of the momentum. However, the construction sector's slower growth and a 14.1% decrease in crop yields were hindrances to Alberta's overall economic performance.โœ… . ๐”๐ง๐ฅ๐จ๐œ๐ค ๐ฒ๐จ๐ฎ๐ซ ๐๐ซ๐ž๐š๐ฆ ๐ก๐จ๐ฆ๐ž ๐ฐ๐ข๐ญ๐ก ๐Œ๐š๐ง๐จ๐ฃ ๐Š๐š๐ซ๐š๐ญ๐ก๐š, ๐š๐ง ๐š๐ฐ๐š๐ซ๐-๐ฐ๐ข๐ง๐ง๐ข๐ง๐  ๐‘๐ž๐š๐ฅ๐ญ๐จ๐ซ ๐ข๐ง ๐Ž๐ง๐ญ๐š๐ซ๐ข๐จ. ๐‚๐š๐ฅ๐ฅ: +๐Ÿ (๐Ÿ”๐Ÿ’๐Ÿ•) ๐Ÿ๐Ÿ๐Ÿ”-๐Ÿ๐Ÿ”๐Ÿ”๐Ÿ“ ๐„๐ฆ๐š๐ข๐ฅ: ๐ฆ๐š๐ง๐จ๐ฃ@๐ญ๐ก๐ž๐œ๐š๐ง๐š๐๐ข๐š๐ง๐ก๐จ๐ฆ๐ž.๐œ๐จ๐ฆ @manojkaratha_realtor . . #AlbertaEconomy #EconomicGrowth #StatisticsCanada #GDP #Mining #OilAndGas #Construction #mnm #malayalisnearmeapp #canadaupdate #canadanews

109 Views

6 months ago

MalayalisNearMe Official

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๐Ÿ‘‰Statistics Canada reports that Canada's job vacancies increased in February, with the most acute labour shortages in British Columbia and Saskatchewan. British Columbia holds the highest job vacancy rate in Canada at 4.3%, followed by Saskatchewan at 4%. Prince Edward Island and Newfoundland and Labrador have the lowest vacancy rates at 4% and 3% respectively. Overall, job vacancies in Canada rose to 656,700 in February, a 3.4% increase from January. However, employment declined in seven out of 10 sectors, with accommodation and food services, manufacturing, and retail trade being the hardest hit.โœ… . ๐๐š๐ฏ๐ข๐ ๐š๐ญ๐ž ๐ฒ๐จ๐ฎ๐ซ ๐ก๐จ๐ฆ๐ž ๐ฃ๐จ๐ฎ๐ซ๐ง๐ž๐ฒ ๐ž๐Ÿ๐Ÿ๐จ๐ซ๐ญ๐ฅ๐ž๐ฌ๐ฌ๐ฅ๐ฒ ๐ฐ๐ข๐ญ๐ก ๐Š๐š๐ฆ๐š๐ฅ, ๐ฒ๐จ๐ฎ๐ซ ๐๐ž๐๐ข๐œ๐š๐ญ๐ž๐ ๐†๐“๐€ ๐‘๐ž๐š๐ฅ๐ญ๐จ๐ซ. ๐‚๐š๐ฅ๐ฅ: +๐Ÿ (๐Ÿ”๐Ÿ’๐Ÿ•) ๐Ÿ”๐Ÿ•๐Ÿ‘-๐Ÿ‘๐Ÿ“๐Ÿ๐Ÿ” ๐„๐ฆ๐š๐ข๐ฅ: ๐ค๐š๐ฆ๐š๐ฅ@๐ญ๐ก๐ž๐œ๐š๐ง๐š๐๐ข๐š๐ง๐ก๐จ๐ฆ๐ž.๐œ๐จ๐ฆ @kamalpillai_realtor . . #CanadaJobs #LabourMarket #JobVacancies #BritishColumbia #StatisticsCanada #EmploymentTrends #Saskatchewan #EconomicIndicators #mnm #malayalisnearmeapp #canadaupdate #canadanews

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6 months ago

MalayalisNearMe Official

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๐Ÿ‘‰Statistics Canada reported a 0.2% growth in Canada's GDP for February, primarily attributed to a rebound in transportation and warehousing, marking the largest month-to-month rise in over a year. Despite fears of recession, Canada has managed to maintain economic stability, aided by strong population growth. However, consumer demand and business investment have been slowed by high interest rates. Although the economy grew at a one per cent annualized rate in the fourth quarter, it shrank on a per capita basis. The Bank of Canada will closely monitor these growth figures to determine the appropriate timing for interest rate adjustments.โœ… . ๐’๐ž๐œ๐ฎ๐ซ๐ž ๐ฒ๐จ๐ฎ๐ซ ๐๐ซ๐ž๐š๐ฆ ๐ก๐จ๐ฆ๐ž ๐ฐ๐ข๐ญ๐ก ๐๐ž๐ž๐ง๐š ๐•๐š๐ซ๐ ๐ก๐ž๐ฌ๐ž, ๐Ž๐ง๐ญ๐š๐ซ๐ข๐จ'๐ฌ ๐ฆ๐จ๐ซ๐ญ๐ ๐š๐ ๐ž ๐ž๐ฑ๐ฉ๐ž๐ซ๐ญ. ๐‚๐š๐ฅ๐ฅ: +๐Ÿ (๐Ÿ’๐Ÿ‘๐Ÿ•) ๐Ÿ—๐Ÿ–๐Ÿ-๐ŸŽ๐Ÿ–๐ŸŽ๐Ÿ’ @neena.robin . . #Canada #GDP #EconomicGrowth #BankofCanada #InterestRates #EconomicIndicators #StatisticsCanada #mnm #malayalisnearmeapp #canadaupdate #canadanews

81 Views

6 months ago

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