An employee is pictured in an office at Simon Fraser University in Burnaby, British Columbia on Thursday, March 30, 2023.
The Canadian economy added 37,000 jobs in January as unemployment fell slightly to 5.7 per cent, the first decline since December 2022, according to a Friday report from Statistics Canada.An employee is pictured in an office at Simon Fraser University in Burnaby, B.C., on Thursday, March 30, 2023. The Canadian economy added 37,000 jobs in January as unemployment fell to 5.7 per cent, the first decline since December 2022, according to a Friday report from Statistics Canada.
Average hourly wages, which have been consistently growing at a four to five per cent annual pace as Canadians seek compensation to account for inflation, rose 5.3 per cent from a year ago. CIBC senior economist Andrew Grantham concurred, writing, "Today's data suggest that the Bank won't be in a rush to cut interest rates, and we maintain our expectation for a first in June."James Orlando, a senior economist with TD, says that while the headline number is good, the underlying details of the latest report on jobs numbers are 'not favourable' for Canada.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Canada's unemployment rate drops for first time since 2022: reportCanada's unemployment rate fell 0.1 percentage points to 5.7 per cent in January, according to Friday's Statistics Canada labour force survey, the first decline in over a year.
Lire la suite »
January's Full Moon Brings a Cosmic Shot of CourageA cosmic shot of courage is coming our way on January 25, and we have the first full moon of 2024 to thank for it. The full wolf moon, as January’s lunation has been dubbed, is a nod to the brave packs that howl at this time of year. There’s no better full moon for finding or establishing your public voice. But that’s not the only confidence booster that January’s lunar lift is bringing. In 2024, the first full moon lands in lionhearted Leo, the live-out-loud royal of the zodiac. All the world’s a fashion week runway and a Broadway stage this January 25. What will you put on display? The first full moon is especially significant, because it sets the tone for self-expression for the entire year. And, a fun astro-fact, January’s full moon can only be in one of two zodiac signs: introspective Cancer or expressive Leo. Will people be vying for the spotlight of a showy Leo moon? (In 2024, yes)
Lire la suite »
What to Expect With The New Single-Use Items BylawThe bylaw takes effect in January to further reduce waste and litter in our communities.
Lire la suite »
Best Foundation for Dry Skin 2024Canada's 1 Fashion and Beauty Magazine
Lire la suite »
New long-term care home, museum taking shape in NorthumberlandCanada's construction news
Lire la suite »