News Formal

StatCan to release data on how Canada’s job market did in October

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

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

The Bank of Canada's aggressive interest rate hikes have dampened economic growth this year as people and businesses pull back on spending.

RBC says it expects the economy added a modest 15,000 jobs last month, and that the unemployment rate ticked higher to 5.6 per cent.The Bank of Canada’s aggressive interest rate hikes have dampened economic growth this year as people and businesses pull back on spending.Economists are watching for more evidence that this economic softness is spilling over into the labour market.

The unemployment rate has risen by half a percentage point so far this year to 5.5 per cent and is expected to continue rising.‘Serious health risks’ possible from cord blood stored at Edmonton facility

 

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 ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

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

U.S. private payrolls miss expectations in October as labour market remains tightU.S. private payrolls rose by 113,000 jobs last month, the ADP National Employment Report showed on Wednesday
Source: globeandmail - 🏆 5. / 92 Read more »