labour data

No more rate hikes expected as unemployment rate rises to 21-month high

November 3, 2023 1 Comment

Canada’s unemployment rate ticked up two basis points to 5.7% in October, suggesting the Bank of Canada can now remain “firmly on the sidelines,” economists say.

Unemployment rate rises to 5.4% despite job growth. BoC rate hike still on track

July 7, 2023 No Comments

The creation of 60,000 new jobs in June wasn’t enough to keep the national unemployment rate from rising to a seven-month high.

“Explosive” job growth raises the likelihood of another rate hike

January 8, 2023 2 Comments

Job growth is usually celebrated as a sign of a strong economy, but it’s not the kind of thing the Bank of Canada wants to see as it struggles to bring down inflation.

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labour data

No more rate hikes expected as unemployment rate rises to 21-month high

Unemployment rate rises to 5.4% despite job growth. BoC rate hike still on track

“Explosive” job growth raises the likelihood of another rate hike

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