Canada’s youth are having trouble finding work, and ‘it might take a while’ before things get easier
BNN Bloomberg
Hundreds of people gathered at a Calgary job fair this week, many of them young job seekers, hoping face-to-face conversations with employers might lead to work in an increasingly competitive labour market.
Among those attending was 20-year-old Angelica Vidal, who said she has applied for more than 200 jobs over the past year without success.
“It’s been hard,” Vidal said. “I’m just hoping maybe one or two will interview me and give me a chance.”
Vidal said she applies for jobs almost every day, using online platforms such as LinkedIn and Glassdoor, but continues to face rejection, even for positions advertised as entry level.
“It’s bleak,” she said.
Organizations that work closely with job seekers say turnout at events like this reflects growing pressure in the labour market.
Jay Allen is a fan of U.S. President Donald Trump, and voted for him on the belief that the Republican would cut taxes and trim regulations, helping his manufacturing business in northeast Arkansas.
Another climb for oil prices sent the U.S. stock market sharply lower, as hopes collapsed for a possible cut to interest rates by the Federal Reserve.
Global oil prices will continue to rise as the war in the Middle East continues and the Strait of Hormuz remains inaccessible, according to an energy expert.
Global oil prices will continue to rise as the war in the Middle East continues and the Strait of Hormuz remains inaccessible, according to an energy expert.
Facing a $1.4 billion deficit shortfall, the provincial government says its large-animal vet service will be privatized over the next three years.
Facing a $1.4 billion deficit shortfall, the provincial government says its large-animal vet service will be privatized over the next three years.
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Markets in Canada and the U.S. continued to trade lower while oil went up late morning on Friday as inflationary fears prevailed among investors.
Gold prices fell by 1.8 per cent on Friday as the dollar strengthened on a report that the United States will deploy extra troops in the Middle East, fanning concerns of higher oil prices, inflation, and with it, elevated interest rates.
Canada’s federally backed farm lender is offering financial aid to farmers, agricultural businesses and food companies hit by the spike in fertilizer and energy prices, it said on Friday.
Statistics Canada says retail sales were up 1.1 per cent at $70.7 billion in January, led by sales at motor vehicle and parts dealers.
As Qatar reels from an Iranian attack that has hobbled its giant natural gas company, its boss, who doubles as the country’s energy minister, says he had warned officials and executives of just such a danger should Iran’s own sites be hit.
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