Confucius: the man who broke the mountain was the same man who started ...
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Jobless claims soar to nearly 1M in Canada
Nearly one million Canadians applied for jobless claims last week, representing almost 5% of the labor force, according to a senior government official with knowledge of the data. The new figure of 929,000 includes the half-million unemployment applications first reported by Prime Minister Justin Trudeau in a press conference Friday, but also includes claims made over the weekend, the person said on condition they not be identified because the data is not yet public. The speed and extent of the jump in jobless claims is unprecedented; the previous record for an entire month was 499,200 in 1957, according to ... (full story)
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