Rate of unemployment drops, but businesses still struggle with filling jobs

Global News published this video item, entitled “Rate of unemployment drops, but businesses still struggle with filling jobs” – below is their description.

On the jobs front, the unemployment rate has dipped to a new low as Canada has been been creating more jobs — including more opportunities for women, who face higher job losses in the pandemic.

Statistics Canada said Friday the country added 40,000 jobs last month and the rate of unemployment dropped to 5.1 per cent. The agency said women across all age groups made up the bulk of hiring in May, with employment steady for men.

As Eric Sorensen explains, even with this trend, businesses are still having trouble filling roles.

For more info, please go to https://globalnews.ca/news/8911126/statistics-canada-may-job-data/

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In This Story: Canada

Canada is a country in the northern part of North America. It extends from the Atlantic to the Pacific and northward into the Arctic Ocean, covering 9.98 million square kilometres (3.85 million square miles), making it the world’s second-largest country by total area.

Its southern and western border with the United States, stretching 8,891 kilometres (5,525 mi), is the world’s longest bi-national land border. Canada’s capital is Ottawa, and its three largest metropolitan areas are Toronto, Montreal, and Vancouver.

Various Indigenous peoples inhabited what is now Canada for thousands of years before European colonization. The Canada Act 1982, which severed the vestiges of legal dependence on the British Parliament. Canada is a parliamentary democracy and a constitutional monarchy in the Westminster tradition, with a monarch and a prime minister who serves as the chair of the Cabinet and head of government.

As a highly developed country, Canada has the seventeenth-highest nominal per-capita income globally as well as the thirteenth-highest ranking in the Human Development Index. Its advanced economy is the tenth-largest in the world, relying chiefly upon its abundant natural resources and well-developed international trade networks.

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