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unemployment-crisis

Unemployment rate unchanged in July, though jobless rate for young people continued to rise

by Anas Siddiqui
Unemployment rate unchanged in July, though jobless rate for young people continued to rise

Canada’s economy shed 2,800 jobs in July while the unemployment rate was unchanged at 6.4 per cent, Statistics Canada said on Friday. Employment fell in wholesale and retail trade, which shed …

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India’s measures to tackle youth unemployment crisis dismissed as inadequate

by Ron Morgan
India’s measures to tackle youth unemployment crisis dismissed as inadequate

“I have been jobless for over two years now … I have tried every little opportunity but couldn’t get any steady job so far,” Mankar said in a trembling voice. …

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Meet the self-proclaimed ‘Prince of Africa’ who wants to be Ghana’s next president

by Walter Watson
Meet the self-proclaimed ‘Prince of Africa’ who wants to be Ghana’s next president

Ghanaian presidential hopeful Nana Kwame Bediako goes by three different names — each name, he says, represents a different aspect of his persona. The 44-year-old entrepreneur and real estate developer …

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Here’s how long it could take to rebuild Gaza after the war

by Walter Watson
Here’s how long it could take to rebuild Gaza after the war

Rebuilding Gaza’s shattered homes will take at least until 2040 but could drag on for many decades, according to a UN report released on Thursday. Nearly seven months of Israeli bombardment …

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How the UN’s aid agency for Palestinians works — and why it’s under fire now

by Walter Watson
How the UN’s aid agency for Palestinians works — and why it’s under fire now

The federal government announced last week it was suspending “additional funding” for a UN agency that supports Palestinians in Gaza and employs about 13,000 people there, as well as another 17,000 …

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Bank of Canada governor won’t say when interest rates will drop, but insists it won’t take a recession

by Anas Siddiqui
Bank of Canada governor won’t say when interest rates will drop, but insists it won’t take a recession

The Current18:56Why Tiff Macklem won’t rule out more rate hikes Bank of Canada Governor Tiff Macklem says he knows aggressive rate hikes have caused financial hardship for many Canadians, but …

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