News from The Daily
Labour Force Survey
After several months of moderate growth, employment jumped by an estimated 69,000 in October, almost all part time. The unemployment rate dipped 0.1 percentage points to 6.6%, the lowest in three decades.
Family earnings instability
Family earnings instability changed little between the late 1980s and the late 1990s. Between 1986 and 1991, families with a husband aged 25 to 50 saw their earnings fluctuate on average about 14% from the mean. Ten years later, their counterparts faced roughly the same level of fluctuations.
Savers, investors and investment income
The number of taxfilers reporting investment income and the amount of investment income they reported both rebounded last year. The increases followed three consecutive years of declines in the number of persons reporting such income, and two years of declines in the amounts.
Demand for skills in Canada: Foreign outsourcing and information-communication technology
Foreign outsourcing and high technology both significantly increase the demand for higher skilled, non-production workers in the manufacturing sector.
The socio-economic progress of the children of immigrants
The earnings of second-generation Canadians are only loosely tied to the socio-economic status of their parents. This implies that the children of immigrants with below average earnings can be expected to make significant gains in earnings in adulthood.
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