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Unemployment Numbers up a Bit for June 2009

in Credit Cards, Random Thoughts, Stats Canada, Unemployment

Unemployment Up Again but only a little to 8.6% June 2009

Stats Canada has published it’s monthly employment figures for June 2009 and the numbers are not remarkably different from last month’s numbers, which is a good thing, given the huge leaps we have seen in the past few months.

Employment was little changed in June, leaving total net losses during the last three months at 13,000, much smaller than the 273,000 decline in the first three months of the year. The unemployment rate edged up 0.2 percentage points to 8.6% in June, as more people looked for work.

Youth Unemploymentwas not good either with this summer upon us:

Youth aged 15 to 24 were hard hit in June, with losses of 33,000. Their unemployment rate went up a full percentage point to 15.9%, the highest rate in 11 years. Employment losses for youth in June were offset by gains among people aged 55 and over.

So the nearly retired crowd seem to be getting  jobs, but students in the summer are not?

Around the Financial Whirled

A short sprint around the financial blog world shows a few bloggers on vacation and others enjoying the fruits of their labours as well:

Have a great weekend.

Previous Months Unemployment for 2009

{ 5 comments }

  • Tax Guy July 12, 2009, 12:28 PM

    Thanks for the mention.

    Reply
  • Michael James July 11, 2009, 4:42 PM

    Thanks for the mention. I’m a little slow checking the blogs lately.

    Reply
  • Canadian Capitalist July 10, 2009, 10:51 AM

    Thanks for the mention! Scary how the government is trying to shovel money (it doesn’t have yet) out the door.

    Reply
  • Mr. Cheap July 10, 2009, 10:10 AM

    lol, thanks for the link! I’m going to start peeking in people’s windows to get ideas for posts soon ;-).

    Reply
    • bigcajunman July 10, 2009, 10:17 AM

      I won’t have to worry, our windows are too dirty to look in!

      Reply

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