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The primary cause of the early 1980s recession was a contractionary monetary policy established by the Federal Reserve System to control high inflation. [5] During the Great Depression, urban unemployment throughout Canada was 19%; Toronto's rate was 17%, according to the census of 1931. Farmers who stayed on their farms were not considered ...
A 2022 review of how the pandemic impacted the 400,000 nurses in Canada, sponsored by the Royal Society of Canada and published in the FACETS journal said that by 2021, health job vacancies had increased by 56.9% since 2019 in Canada to a "record high of 100,300. The highest vacancy rate was experienced by hospitals. [10]
Canada sent 83 percent of its steel exports to the United States in YTD 2019. The gap between domestic demand and domestic production increased to −2.4 million metric tons, up from −0.2 million metric tons in YTD 2018. In YTD 2019, exports as a share of production decreased to 41.6 percent from 53 percent in YTD 2018. [111]
Choosing a career can be overwhelming for many people, especially when it comes to high-paying jobs with room for growth. Read more to learn about the 10 best jobs for the future.
The Job Bank is an employment website operated by Employment and Social Development Canada. It provides an online database of job listings in Canada , as well as other employment services and information for recruiters and job seekers, including career planning, resume creation, job matching, and notifications.
GDP per hour worked 1970–2022 (2015=100) Country 1970 1980 1990 2000 2010 2015 2020 2022 Australia 51.4 60.3 66.0 80.9 92.2 100 103.1 103.3 Austria 83.0
While Canada's ten provinces and three territories exhibit high per capita GDPs, there is wide variation among them. Ontario, the country's most populous province, is a major manufacturing and trade hub with extensive linkages to the northeastern and midwestern United States.
The government's social distancing rules had the effect of limiting economic activity in the country. Companies started mass layoffs of workers, and Canada's unemployment rate was 13.5 percent in May 2020, the highest it has been since 1976. [1] Many large-scale events that planned to take place in 2020 in Canada were cancelled or delayed.