Category: Politics

WASHINGTON — U.S. employers posted a healthy number of job openings in February, evidence that the job market was in decent shape before the viral outbreak brought the economy to a near standstill. The report, released by the Labor Department Tuesday, is largely an artifact from the pre-virus era, before nearly 90% of the U.S. population was subject to shutdown... Read More

OTTAWA — The Bank of Canada says workers were feeling upbeat about job prospects, while employers felt otherwise in the weeks before COVID-19 delivered a shock to the Canadian economy. The survey of consumer expectations suggests more people anticipated searching for a new job and expected they would quickly find something new, while fewer thought they would lose their jobs. Household spending... Read More

TORONTO — Small and medium business owners and entrepreneurs got a boost from Prime Minister Justin Trudeau on Friday as he handed more out relief for companies grappling amid COVID-19. The measures he announced include: Wage subsidies: The federal government will cover 75 per cent of salaries for workers of qualifying small businesses affected by COVID-19, an increase from the 10 per cent announced previously.... Read More