Good news from Canada: Worker demand falls in June (thestar.com)

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Worker demand falls in June
Stats Can report says downward drop in want ads continues
OTTAWA (CP) - The demand for workers
continued to fall in June, extending a trend
which began in November, a Statistics
Canada survey indicates.

The agency's help-wanted index, which
measures the number of help-wanted ads in
22 newspapers in 20 major metropolitan
areas across the country, fell 1.8 per cent in
June after slipping 2.4 per cent in May.

A rising index suggests employers are
seeking workers, a falling index that they need fewer workers.

How the latest indicator translates into jobs gained or lost will be known
tomorrow when Statistics Canada releases employment-unemployment
figures for June. The unemployment rate was 7.0 per cent in May.
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2001-7-5 -04:00
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