News Formal

Kevin Carmichael: The Bank of Canada wants to see a weaker labour market, but so far it's not happening

  • 📰 financialpost
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 85%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Canada's jobs beat signals higher interest rates for longer — and hikes still on the table CarmichaelKevin

Play Video

The unemployment rate was five per cent for the fifth consecutive month, near a record low and a level that many economists associate with “full employment,” a theoretical condition where everyone who wants a job can get one.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 7. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bank of Canada interest rate hike adds pressure to tight rental marketPrices for rentals \u0027getting out of control\u0027 even as housing market
Source: nationalpost - 🏆 10. / 80 Read more »