Wealth gap grew wider; StatsCan study finds

Article Abstract:

According to a Statistics Canada study, measuring family wealth, wealth increased 39% among the riches 20% of Canadians from 1984 to 1999, while little change occurred among the poorest 20% of the population, resulting in a more unequal distribution of wealth in Canada. Overall, Canadian families increased median net worth by 11%. In 1999, the median net worth of the riches 10% of Canadians was Can$703,500 per family, while the net worth of the poorest 10% was negative Can$2,100 per family. The richest 50% of Canadian families hold 94% of total wealth in the country. Single parents carry an average Can$29 in debt for every Can$100 in assets, compared to Can$3 of debt held by seniors. Average debt load is Can$16 per Can$100 of assets held in Canada. Canadian families have a median net worth of Can$81,000. A chart shows median net worth, based on education

Income Distribution, Statistical Data Included, Finance, Reports, Brief Article, Family, Income, Canada. Statistics Canada

---

As unemployment rate declines, spectre of worker shortage raised

Article Abstract:

The unemployment rate of Canada fell 0.1 percentage points to 6.7 per cent in September, 2005, which is the lowest in three decades. Though the unemployment rate declines, companies are facing difficulty in finding qualified labor force.

Labor Distribution by Employer, Supply and demand, Labor supply, Labor force, Labour force

---

Unemployment rate falls to 6.4% as even manufacturing adds jobs

Article Abstract:

The details on unemployment rate, which declined to 6.4% despite growth of jobs in manufacturing sector in Canada, are presented.

Personnel administration, Manufacturing industry, Manufacturing industries, Human resource management, Company personnel management

Similar abstracts:

• Abstracts: Sales of PC's down sharply at Gateway; 30% decline is shown on crucial weekend. Supercomputing takes yet another turn
• Abstracts: Next step for cell phones: adding pictures to the conversation. Plasma televisions: like works of art and just as costly
• Abstracts: Eastern business seek slice of booming Alberta's oil wealth. Sunoma Energy CEO Richard MacDermott leaving company
• Abstracts: Study says women wait longer for needed breast-cancer surgery. U.S. whips Canada in a cancer-care race
• Abstracts: Midland put itself on 'watch': deal brings challenge to bank-owned brokerages. U.S.-based Carlyle Group strikes deal to buy Tritech Precision

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.