You are here: Home » International » News » Others
Rupert Murdoch gives up yearly bonus after News Corp reports $1 bn loss
Covid-19: US jobless rate spikes to 14.7%, highest since Great Depression
Business Standard

Canada loses record 2 mn jobs in April, unemployment rate surges to 13%

As of May 5, more than 7.5 million Canadians had applied for some form of federal employment aid, according to government data.

Topics
Coronavirus | Canada | Unemployment jobs

Reuters  |  Ottawa 



investors, investments, jobs, CEOs, executive, employment, loss
The record for the highest unemployment rate since Statscan adopted their current labor force model in January 1976 was the 13.1% seen in December 1982.

lost a record-breaking 2.0 million in April while the unemployment rate surged to a near-record high 13.0%, according to official data released on Friday that did not reflect the full extent of layoffs caused by shutdowns.

TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST RS 249 A MONTH.

SUBSCRIBE TO INSIGHTS

What you get on Business Standard Premium?

  • icon Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • icon Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • icon Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
  • icon Pick your 5 favourite companies, get a daily email with all news updates on them.
  • icon 26 years of website archives.
  • icon Preferential invites to Business Standard events.

OR


Subscribe to Business Standard Premium

Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!

Insightful news, sharp views, newsletters, e-paper, and more! Unlock incisive commentary only on Business Standard.

Download the Business Standard App for latest Business News and Market News .

First Published: Fri, May 08 2020. 20:22 IST

RECOMMENDED FOR YOU

.