OTTAWA –
Statistics Canada is ready to release its newest jobs report this morning.
The November labour drive survey will present perception on the state of the labour market and unemployment final month.
Forecasters have been taken unexpectedly when the economic system added 108,000 jobs in October.
RBC says it expects the economic system added 5,000 jobs in November whereas the unemployment price edged barely larger to 5.3 per cent from 5.2 per cent the earlier month.
The Bank of Canada will probably be paying consideration to the jobs report because it gears up for its subsequent rate of interest choice on Wednesday.
The central financial institution’s governor Tiff Macklem has referred to as Canada’s unemployment price unsustainable and mentioned it is contributing to excessive inflation.
This report by The Canadian Press was first printed Dec. 2, 2022.
Statistics Canada to release November jobs numbers
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Statistics Canada to release November jobs numbers
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Statistics Canada to release November jobs numbers
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