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Trump hails jobs report, but unemployment rate still high

Trump hails jobs report, but unemployment rate still high

WASHINGTON — President Donald Trump took a victory lap Friday morning after the government reported surprising job gains for last month, seizing on the data to predict that the worst of the coronavirus pandemic and its economic disruption was in the
Twitter disables Trump campaign's George Floyd video tribute

Twitter disables Trump campaign's George Floyd video tribute

Twitter has blocked a Trump campaign video tribute to George Floyd over a copyright claim, in a move that adds to tensions between the social media platform and the U.S. president, one of its most widely followed users.
Unemployment rate falls to 13.3%, US adds 2.5 million jobs

Unemployment rate falls to 13.3%, US adds 2.5 million jobs

WASHINGTON — The U.S. unemployment rate fell to 13.3% in May from 14.7%, and 2.5 million jobs were added — a surprisingly positive reading in the midst of a recession that has paralyzed the economy in the wake of the viral pandemic.
Here's a quick glance at unemployment rates for May, by Canadian city

Here's a quick glance at unemployment rates for May, by Canadian city

OTTAWA — The national unemployment rate was 13.7 per cent in May. Statistics Canada also released seasonally adjusted, three-month moving average unemployment rates for major cities.
Here's a quick glance at unemployment rates for May, by province

Here's a quick glance at unemployment rates for May, by province

OTTAWA — Canada's national unemployment rate was 13.7 per cent in May. Here are the jobless rates last month by province (numbers from the previous month in brackets): — Newfoundland and Labrador 16.3 per cent (16.0) — Prince Edward Island 13.
National employment numbers for May from Statistics Canada, at a glance

National employment numbers for May from Statistics Canada, at a glance

OTTAWA — A quick look at Canada's May employment (numbers from the previous month in brackets): Unemployment rate: 13.7 per cent (13.0) Employment rate: 52.9 per cent (52.1) Participation rate: 61.4 per cent (59.
Nova Scotia bars, restaurants to reopen, along with dentists, barber shops

Nova Scotia bars, restaurants to reopen, along with dentists, barber shops

HALIFAX — It will be a "new normal" at bars and restaurants across Nova Scotia as they reopen after being closed for nearly three months due to the COVID-19 pandemic.
Large gatherings in Saskatchewan not likely until 2021: top doctor

Large gatherings in Saskatchewan not likely until 2021: top doctor

REGINA — Saskatchewan's chief medical health officer says COVID-19 restrictions on large gatherings in the province are not likely to lift before next year. Dr.
Airline stocks soar as American, United add back flights

Airline stocks soar as American, United add back flights

DALLAS — Airline stocks soared Thursday after American Airlines said it will aggressively add back flights in July — a bet that the slow recovery in air travel will gain speed this summer as states re-open their economies.
CMHC tightens lending standards to protect housing market during COVID-19

CMHC tightens lending standards to protect housing market during COVID-19

TORONTO — Canadians looking to borrow money for a home purchase a home are in for some extra challenges after the Canada Mortgage and Housing Corporation announced changes to its lending standards on Thursday.