Bullboard - Stock Discussion Forum Dividend 15 Split Corp T.DFN

Alternate Symbol(s): DVSPF | T.DFN.PR.A | DFNPF

Dividend 15 Split Corp. is a Canada-based mutual fund, which invests primarily in a portfolio of dividend yielding common shares, which includes approximately 15 Canadian companies. It offers two types of shares, including Preferred shares and Class A shares. Its investment objectives with respect to Preferred Shares are to provide holders with fixed cumulative preferential monthly cash... see more

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Dividend 15 Split Corp > Canada's unemployment jumps

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Post by mouserman on Sep 06, 2024 9:38am

Canada's unemployment jumps

Canada’s unemployment rate jumped to 6.6 per cent in August, Statistics Canada said on Friday, more than economists expected as the labour market added a net 22,100 jobs largely in part-time work.

The unemployment rate is now at its the highest level since May 2017, outside of the COVID-19 pandemic, as job growth has failed to keep up with a surge in Canada's population. Statistics Canada noted that the unemployment rate has "generally trended up" since April 2023, rising 1.5 percentage points in that time.

Economists polled by Reuters had expected the economy to add 25,000 jobs, and the August unemployment rate to rise to 6.5 per cent.

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