Canada Employment Preview: Banks expect to see early cracks in the labour market

  • 📰 FXStreetNews
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 72%

United States News News

United States United States Latest News,United States United States Headlines

Canada Employment Preview: Banks expect to see early cracks in the labour market Canada Employment USDCAD BOC Banks

are forecasts from economists and researchers at five major banks regarding the upcoming jobs figures. expected to rise a tick to 5.3%. Meanwhile, the Participation Rate is expected to have remained stable at 65.5%.We look for employment to rise by 25K, leaving the UE rate stable at 5.2%. Services should drive hiring, while wage growth is expected to fall 0.6pp to 4.5% YoY.We still look for a 20K increase in employment in June.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.

 

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:

 /  🏆 14. in US

United States United States Latest News, United States United States Headlines

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

Nonfarm Payrolls Preview: Banks see a still quite strong labour marketThe US Bureau of Labor Statistics (BLS) will release the June jobs report on Friday, July 7 at 12:30 GMT and as we get closer to the release time, her
Source: FXStreetNews - 🏆 14. / 72 Read more »