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Job vacancies jump past 1m in Canada’s tight labour market

Bloomberg Unfilled jobs surpassed one million in Canada, a sign that employers are having difficulty finding workers as they ramp up hiring. There were 1,014,600 job vacancies in September, Statistics Canada reported in Ottawa. That represents about 6% of all jobs, a vacancy rate that’s up from as low as 3% last December. Employers in high-contact industries like food services ...

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German unemployment falls in Nov

Bloomberg German unemployment extended its decline in November as businesses added staff to work off a backlog in orders. Unemployment in Europe’s largest economy falls by 34,000, beating economists’ forecast for a drop of 25,000. That pushed the jobless rate to 5.3%. “Consequences of the current, worrying corona situation in Germany have hardly shown up so far,” Federal Labour Agency ...

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Omicron to test Europe’s economic resilience to lockdowns

Bloomberg The new coronavirus variant is set to test European economy’s recent ability to withstand fresh restrictions on activity. With the new strain from South Africa looming as a threat to public health, adding to the existing headache of rising infections that have already forced Austria and Slovakia to impose lockdowns, a pandemic that countries around the region had previously ...

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