Lengthier job hunts for recent graduates could be major factor in unemployment rate

Nearly a year after graduating from Carleton University with a degree in engineering physics, Surya Nareshan is still struggling to find employment. Nareshan, who lives in Ottawa, has applied for dozens of positions since May — mostly in software engineering and optics. While he’s made it through multiple rounds of interviews, including elaborate proficiency testing, he hasn’t yet found … Read more

Some consumers, businesses are feeling more optimistic about the economy, say BoC surveys

The Bank of Canada says business and consumer sentiment improved during the first quarter of the year, despite higher interest rates still putting a drag on the economy. The central bank on Monday released its business outlook and consumer expectations surveys, which showed increased optimism as people expect interest rate cuts are nearing. Although firms … Read more

Minister Dharmendra Pradhan inaugurates country’s first Skill India Center | Education

Union Minister for Education and Skill Development and Entrepreneurship Dharmendra Pradhan has pressed the need for a skilled and competent workforce to propel India’s development journey forward in the 21st century. Union Minister for Education and Skill Development and Entrepreneurship Dharmendra Pradhan who inaugurated the Skill India Centre stressed on the need for a skilled … Read more

US Private Sector Hiring Up More Than Expected In December

The US private sector added more jobs than anticipated in December, payroll firm ADP said Thursday, signaling a strong labor market could continue to support the economy despite higher interest rates. The world’s top economy saw private sector employment rise by 164,000 jobs in the final month of 2023, ADP said, significantly above November’s revised … Read more

Have you seen viral videos of long lineups of people looking for work? Here’s the possible reason for them

Videos and pictures of hundreds of people lined up outside businesses in Ontario in efforts to land jobs have gone viral on social media. The videos, taken in Waterloo region and other cities, include ones on the social media platform Reddit, where users reported seeing lineups at a Dollar Tree in Windsor in October and a Food Basics in Hamilton … Read more