One of those figures arrived Tuesday, when Alberta's premier, Jason Kenney, unveiled projections for the province's unemployment rate on pace to reach 25 per cent. In February, the country's unemployment rate was 5.6 per cent, and 245,000 jobs had been created in the previous 12 months. The unemployment rate might not actually hit Kenney's forecast of 25 per cent — or the province might far exceed it. Those two situations will be more important, he said, than how high the unemployment rate peaks. 'Drastic and dramatic'There have already been over three million employment insurance claims over the past month, and the Conference Board of Canada expects Canada to lose around 2.8 million jobs in March and April.
Source: CBC News April 09, 2020 08:00 UTC