December unemployment rates for BC and Prince George nothing short of positive

06 January, 2018, 02:58 | Author: Katrina Soto
  • Canada's Unemployment Rate Hits Record Low

The rate is down from 5.9 per cent in November, as the economy created 78,600 new jobs, including 23,700 full-time positions.

"Canadian employment continued to defy gravity, adding almost 80 thousand jobs for a second consecutive month in December - the best back-to-back gains in five years", writes RBC economist Josh Nye in a note released today.

Only about 75 per cent of London-area residents between the ages of 25 and 54 - prime working years - have full- or part-time jobs, ranking this area dead last among 15 major Ontario cities.

That brought Canada's unemployment rate to 5.7 per cent in December, down from 5.9 per cent the month before, to reach its lowest mark since comparable data became available in 1976. The jobless rate in Windsor fell to 6.1 per cent from 6.3 per cent, with an increase in employment and labour force.

Looking at year-over-year data, employment in Prince Edward Island rose 3.9 per cent in 2017, which was an increase of 2,800 jobs.

FCC chairman proposes repeal of net neutrality regulations
He had to halt his controversial vote to scrap the U.S. government's net neutrality rules in December after a bomb threat . Pai suddenly cancelled his appearance at the major tech industry conference CES on Wednesday.

Still, Kavcic remains a little bit hesitant to predict that a rate increase at the January 17 policy meeting is a sure thing.

Canada's unemployment rate plunged to the lowest in more than 40 years as the economy continues to add jobs at record levels. For homeowners with fixed-rate mortgages, a hike won't change much (at least until their mortgage comes up for renewal.) But for those with variable-rate mortgages - which move up and down with interest rates - payments will go up. "We think that they'll wait and see what the outcome is of some of the trade talks".

The unemployment rate in Alberta fell from 8.5 per cent at the end of 2016 to 6.9 per cent at the end of 2017.

The December reading marked the 13th-straight month of job gains, however, about half of those positive numbers were within the survey's margin of error.

Recommended:

  • Capcom reveals Monster Hunter

    Capcom reveals Monster Hunter

    Finally, the company talked about their plans for post release support, including both DLC and regular free content updates. You'll be able to hunt down the Nergigante and try out the same quests for Anjanath, Barroth, and Jagras as well.
    Arson investigation underway after Roy Moore accuser's home burns down

    Arson investigation underway after Roy Moore accuser's home burns down

    Her mother had accompanied her to the meeting but it did not stop Moore from "grabbing" her buttocks as she left, she claimed. Johnson accused Moore of groping her while they were in his office in the early 1990s, according to The Associated Press .
    Season's worst fog at IGI, over 200 flights hit

    Season's worst fog at IGI, over 200 flights hit

    The day's average air quality index (AQI) was at 400, classified as "very poor" by the Central Pollution Control Board (CPCB). Dense fog engulfed the national capital region on New Year on Monday with the visibility dropping to zero.
  • Local Kmart store to close

    Local Kmart store to close

    The Bangor Daily News reports Sears Holdings announced Thursday it's closing its location in the Bangor Mall in April. Macy's is closing 11 stores and laying off 5,000 employees but neither local store is on the list.

    Apple keen on acquiring app development companies; here's the latest one

    It should also be noted that the startup will working on the Android app development that it had started last February. Thus, it just makes sense that Apple wants to ensure that its platform and apps remain developer-friendly.
    Paris Hilton and boyfriend Chris Zylka are engaged

    Paris Hilton and boyfriend Chris Zylka are engaged

    Before the proposal, Hilton, 36, hinted to Zylka , 32, what she wanted. "I have never felt so happy, safe and loved. Hilton told ET in May that Zylka , who stars in the HBO series " The Leftovers ", was her soulmate.
  • Quick Heal reports malware that targets 232 bank apps worldwide

    Quick Heal reports malware that targets 232 bank apps worldwide

    Once it identifies an app that it can target, it pushes a fake notification on behalf of the targeted banking app. If the user tries to deny the request the app will keep throwing continuous pop-ups until admin rights are given.
    Will Climate Change Leave Chocolate Out of Menu by 2050?

    Will Climate Change Leave Chocolate Out of Menu by 2050?

    As if there wasn't already good enough reasons to care about how we treat the planet, this catastrophic effect certainly is. Over portion of the world's chocolate now originates from only two nations in West Africa - Côte d'Ivoire and Ghana .
    Health ministry swap views with IMA over Medical Commission Bill

    Health ministry swap views with IMA over Medical Commission Bill

    Doctors will observe January 2 as " black day " to protest against the National Medical Commission (NMC) Bill. We have been discussing the National Medical Commission Bill with the government since a year.
  • Khloe Kardashian Reveals Her Baby-Naming Strategy With Tristan Thompson

    Khloe Kardashian Reveals Her Baby-Naming Strategy With Tristan Thompson

    Khloe was more forthcoming about her own pregnancy on the show, revealing her mother is trying to fatten her up. So maybe she's not really pregnant! She has family and friends come to her house instead so she has company.
    MPs Want a 'Latter Levy' to Cut Down on Disposable Cup Waste

    MPs Want a 'Latter Levy' to Cut Down on Disposable Cup Waste

    Welsh ministers are considering asking for powers to tax the cups and other plastics that are hard to recycle. When environmentalists first mooted the idea of a levy on plastic bags, plenty of eyes rolled.
    Justin Timberlake Reveals His New Album In The Woodsiest Way Possible

    Justin Timberlake Reveals His New Album In The Woodsiest Way Possible

    The album drops on February 2nd just ahead of Timberlake's Super Bowl halftime performance on Sunday, February 4th. In the clip, Timberlake mentions family and his Southern upbringing being the inspiration for his new body of work.


Popular

HP Recalls Computer Batteries After Reports Of Overheating
Instead, HP has developed a BIOS update that will put the battery into a "battery safety mode". The most important thing users can do is check to see if their notebook battery is affected.

Why Billions Of Dollars In Lottery Prizes Go Unclaimed
Mega Millions, which is now valued at $450 million, will be drawn tonight, January 5; Powerball will be drawn Saturday, Jan 6. This is still the fourth-largest jackpot in Mega Millions history and the 11th-largest jackpot in US lottery history.

Switch is the fastest-selling home game system in United States history
The Nintendo Switch on display at a pop-up display room in Madison Square Park, New York, March 2017. The previous record holder was the Nintendo Wii at 4 million units, in the same duration.

US Suspends Most Security Assistance To Pakistan
The Trump administration briefed Congress on its decision on Wednesday. "It's north of $255 million", said one USA official. But Pakistan entirely rejected Trump's accusations, and termed them unwarranted and detrimental to Pak-US relations.

Paladins: Battlegrounds Announced at HRX 2018, Merging Overwatch and PUBG
The new mode also comes with a new map, Trade District, which you can get a closer look at in the following trailer. We expect it to do about as well as Fortnite Battle Royale , in that it gets a core of loyal players.

'Game of Thrones' last season set for 2019
In the other news, GOT fans who are disappointed with the delayed release of the show, here's something to cheer up. It is said that the series will not air in 2018 as David Benioff and Dan Weiss are working on the final episodes.

LeBron strategizing Isaiah Thomas' return with video game
Cavaliers head coach Tyronn Lue watched the scrimmage and said Thomas "looked good" and absorbed some. Isaiah Thomas has been patiently waiting . "I have no feel for the game right now".

Raiders fire Jack Del Rio
Asked specifically if he was a candidate, Gruden said, "Well, I think I am being considered, yes". "I've known him for a while". Under the league's Rooney Rule, the Raiders also must interview at least one minority candidate for their head coaching job.

US Customs computers outage causes delays for airport travelers
The New Year's Day disruption is oddly similar to one that occurred last year on January 2 - also the first Monday of the year. Already reporters and travellers at airports have posted on social media about the mayhem causing massive delays.

Russian tankers fueled North Korea via transfers at sea
She urged other countries to sever "all ties" with North Korea, including ceasing trade and expelling North Korean workers. Security Council and has voted in favor of sanctions against North Korea, despite being its greatest traditional ally.