Canada's job market flat, but pay gains continue to put pressure on inflation

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BREAKING Canada jobs little changed, but pay gains continue to put pressure on inflation

Dec. 2 that employers added 10,000 positions last month, less than the survey’s margin of error, making it difficult to say more than the labour market stood still.Sign up to receive the daily top stories from the Financial Post, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc.

You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails. Postmedia Network Inc. | 365 Bloor Street East, Toronto, Ontario, M4W 3L4 | 416-383-2300A welcome email is on its way. If you don't see it, please check your junk folder.We encountered an issue signing you up. Please try againAverage hourly wages increased 5.

 

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nope not pay gains, gas and food prices and the increase in interest - later thanks to BoC

I made more 25 years ago than I currently do.

Must keep the people poor 🇨🇦

Pay gains? I'm getting offers for less than I was 10 years ago in machining. Three international students can be brought in for every Canadian fired.

The lowest unemployment in 40 years. Thank you for your minister Trudeau. Your Liberal government has managed the economy better than any other G7 country

Pay gains don’t cause inflation. They are the consequence of inflation.

But the Universities are teaching 'modern economic theory' that says increasing pay does not cause inflation. Neither does borrowing nor printing money they say. So this article comes as quite the shock!

What? The population isn't quite poor enough? That's a shame. How are corporate profits again? 🤔

It's not pay gains pushing inflation. Pay has barely budged since the 1970s. Check with senior economists.

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