1.
U.S. markets recover from steep losses
OTTAWA, Sept. 4 (UPI) -- Canada's unemployment rate nudged up 0.1 percent to 8.7 percent in August, Statistics Canada reported from Ottawa Friday.
The agency said part-time employment rose by 31,000 in August and employment among private sector employees increased by 49,000.
"Total employment gains were partially offset by losses in business, building and other support services, as well as educational services," StatsCan said. "Employment in the manufacturing sector continued its downward trend in August, while construction rose slightly."
Students between the ages of 15 and 24 were particularly hard-hit, as the average jobless rate for the summer was 19.2 percent, the second highest rate since such data started being collected in 1977, the agency said.
The agency said average hourly wages were up 3.3 percent compared with August 2008, which was the lowest year-over-year growth in more than two years.
|
|
|
|
|
|
| Additional Business News Stories | |
JAKARTA, May 24 (UPI) --
Indonesia needs to address loopholes in its moratorium on deforestation, Greenpeace said.
|
SEATTLE, May 24 (UPI) --
The flight decks and avionics of the U.S. and NATO Airborne Warning and Control System aircraft fleet will be modernized under a $368 million Boeing contract.
|
First-time buyers are driving the expectations that a recovery has begun. Their numbers and market share are growing despite financing roadblocks and competition with investors for entry-level homes. ...
|
It is a whole new ball of wax in Europe these days.
|
| Stories | Photos | People | Comments |
View Caption
