U.S. jobs growth jumps in November

A worker stacks core samples outside a core shack at the Agnico Eagle Mines

The blockbuster report provides further evidence that the USA economy is withstanding a global slowdown, and reinforces the Federal Reserve's characterization of the labor market as "strong".

The province's economic performance is slightly better than November 2018. when the jobless rate stood at 8.2 per cent. It's one of the weaker industries if you're tracking employment growth year-to-date, down an average 4,000 per month.

The losses were reported across Quebec, Alberta and British Columbia, mostly in manufacturing, natural resources and public administration, and affecting men in the core working ages of 25 to 54 and women over 55, Statistics Canada said.

Employers have been hiring at a solid enough pace to absorb new job seekers and to potentially lower the unemployment rate, though the pace of job growth is down from past year.

Stock markets cheered another bumper jobs report from the U.S. suggesting that the world's biggest economy remains resilient to pressures from overseas. But the number of Americans either working or actively looking for a job - known as the "labour force participation rate" - also ticked down slightly to 63.2 percent. The U.S. Federal Reserve has cut its rate three times this year.

The smaller household survey from which the unemployment rate is derived also showed a modest job gain last month.

The tight labour market is generating steady wage gains.

She noted the region has seen some weakness in employment levels this year with roughly 14,000 jobs gone when comparing January to November.

West Indies stretch it out ahead of 1st T20I with India
Ever since Pant was brought in as MSD's replacement in the national side, he has faced a lot of criticism from fans. West Indies are a team in rebuild with several young players included for the Afghanistan and India series.

The Canadian currency depreciated on the report, dropping 0.6 per cent to $1.3249 against its USA counterpart at 8:40 a.m. Toronto time. In the 12 months through November, wages rose 3.1% after advancing 3.2% in October.

"Notable job gains occurred in healthcare and in professional and technical services", the report said. Exactly why that is remains a mystery since employment and average hours tend to move together.

United States manufacturing employment rebounded by 54,000 jobs last month as GM strike returnees boosted payrolls in the auto sector. Snow storms in the Midwest and cold weather restricted construction hiring to only 1,000 jobs last month.

"Manufacturers, commodity producers, and retailers are shedding jobs".

The leisure and hospitality industry hired 45,000 workers.

Those numbers come at a time when Alberta-based energy companies continue to axe jobs despite benefiting from UCP government corporate tax breaks.

He said recently announced increases in future oil-by-pipeline shipments and a $250-million investment announcement by energy giant CNRL bode well for job and economic growth.

Related News:

Most liked

Shares firm, oil up, after output cut
The agreement stipulates slashing supplies by 1.2 million barrels per day from the October 2018 level for the first half of 2019. Any price gains from the OPEC+ output cut are likely to benefit American producers not party to any supply curbing agreement.

China to suspend US Navy visits to HK over new law
It has also urged the establishment of an independent commission to investigate police actions, one of the protesters' demands. Instead, she committed to finding a way of stopping the violence as soon as possible to allow the economy to recover.

SpaceX launches NASA cargo, including Budweiser space beer equipment
The ISS is an orbiting laboratory the size of a five-room house, and has hosted rotating astronaut equipment.since 2000. So conducting experiments in space can give scientists a better fundamental understanding of how something works.

Alia Bhatt-Ranbir Kapoor Winter 2020 Wedding Confirmed?
However, according to a source close to both informed that Alia and Ranbir are "most definitely" tying the knot by winter 2020. Even though Alia Bhatt is dating Ranbir Kapoor who is Katrina Kaif's ex-boyfriend, the actress has no bad blood in her hand.

Nancy Pelosi authorises drafting of impeachment articles against Trump
Trump rewarded some of his allies with politically valuable presidential tweets as the daylong hearing dragged into the evening. The White House has sent emissaries to Congress to bolster what had been a solid wall of support for Trump among Republicans.

Aramco's Offer Price Makes Its Share Sale The World's Largest IPO
The Saudi government also stipulates oil production levels, which directly impacts Aramco's output. Trading is expected to happen on the Saudi Tadawul stock exchange on Dec. 11, or by mid-December.

English Broadcaster Jeremy Clarkson Lashes Out At Environmentalist Greta Thunberg Once Again
These comments come just days after Clarkson called Ms Thunberg a "stupid idiot" during an interview with The Independent. Last month Clarkson admitted he "didn't have a clue" about climate change after the Cambodia trip.

FBI Issues Security Warning Posed by Smart TVss
While features like internet connection, microphones and cameras are all helpful, they also help hackers gain access to your home. Another good practice to follow is being vigilant in installing security updates for your smart TV when they become available.

COP25 climate conference kicks off in Spain
This meeting includes the same people that gathered to complete the Paris Climate Accord in 2015. The South American nation continues to preside over the conference.

One of the best NES RPGs is coming to Switch Online
Defeat endless waves of attack robots and fulfill his father's dream of developing a space colony in the Silius Solar System. A cast of unusual and exciting companions join you in your adventures across a wondrous land full of magic and mystery.

UK's Brexit Party loses four European lawmakers to Conservatives
A Jewish MEP has quit Nigel Farage's Brexit Party and urged voters to back the Conservatives at next week's general election . Labour has promised to renegotiate the Brexit deal and hold a second European Union referendum within six months.

Five managers to reach 100 Premier League wins the fastest
James Maddison added insurance in the fifth minute of stoppage time, and Leicester put together another solid all-around effort. He opened the scoring early and tucked away a penalty in the second half after Dele Alli had equalised for Tottenham .

United States doctors bring a dead heart back to life
And other organs may be ineligible based on their donors' medical histories, lifestyles or infections they have contracted. Incredibly, the heart can be preserved and kept beating for up to eight hours after being removed from the donor.

I don't eat much of onion, says Nirmala Sitharaman in Lok Sabha
The bulbs are now being sold for more than ₹120 a kg in many parts of the country, including the capital. The government has procured 1 lakh metric tons of onions from different countries, she said.

Kate Middleton looks perfectly festive during Christmas tree farm visit
She is going to be a hands-on Queen", one Instagram user said . "One of them, the periwinkle blue, I have repeated", she added. Not only did she help the kids select Christmas trees, but she also made crafts and drank hot chocolate.