Statistics Canada to share August jobs data as market shows signs of softening

  • 📰 GlobalCalgary
  • ⏱ Reading Time:
  • 8 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 61%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

On Wednesday, the Bank of Canada decided to maintain its overnight rate at five per cent, influenced by signs that the economy is weakening.

The jobs market has been showing signs of softening in recent months, with the unemployment rate climbing to 5.5 per cent as of July, marking the third straight monthly increase.

The labour market stalled in July, according to the reporting agency, but wage growth has continued to be strong — a point of contention for the

 

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:

 /  🏆 50. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines