The latest reading of employment levels comes as the Bank of Canada takes a conditional pause from hiking its key interest rate further as it assesses how the economy is
responding to higher rates.The Bank of Canada says the tight labour market is a sign of an overheated economy and needs to ease in order for the country’s annual inflation rate to come down.
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: