Canada added just shy of 22,000 jobs last month, more than double expectations for 10,000, but a significant deceleration from the prior 150,000 jobs added.
The unemployment rate held steady at 5.0 per cent, and it was full-time jobs that led the way in the month, up 31,000. Wage growth also accelerated to 5.4 per cent – from 4.5 per cent – which, along with the continued tight labour market, plays into the Bank of Canada’s concerns over a wage-price spiral. Weird quirk to the labour market these days that played out again – employment among core-aged Canadians was essentially unchanged, while employment among those aged 55-64 rose by 25,000.
It’s sort of retrenched to Western Canada, and Sunwing gives exposure to the travel market to more sunny destinations, wherein we’re expecting a rebound as life gets a bit back to normal.No terms on the deal, but it is intriguing – it’s probably best described as a battered asset, being bought up from a bankrupt Loyalty Ventures. Air Miles was essentially given a death sentence about a year ago, when Sobeys parent Empire Co.
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.
150-year-old Halifax heritage home destroyed during crane move | SaltWireThe Victorian home that was located at 1452 Carlton Street was built in 1873 for Samuel Noble, who was part of a merchant family which operated a wharf on Water Street.
Lire la suite »
Canada’s job market slowed down less than expected in February: Statistics CanadaNEW: After two straight months of going gangbusters, Canada’s job market is slowing down — but not as much as economists had expected.
Lire la suite »
Economists expect massive job slowdown after January’s unexpected gainsStatistics Canada to announce Canada’s job numbers for February on Friday morning.
Lire la suite »
Canada added 22,000 jobs in February | CBC NewsCanada's economy added 22,000 jobs last month, a figure that was bigger than what economists were expecting but not enough to move the unemployment rate, which stands at five per cent.
Lire la suite »
Loonie hits four-month low as Bank of Canada holds key interest rateThe value of the loonie is at a four-month low compared with the U.S. dollar, but experts say Canadian consumers shouldn't expect their wallets to take a major hit.
Lire la suite »
Loonie hits 4-month low as Bank of Canada holds key interest rateThe value of the loonie hit a four-month low compared with the U.S. dollar on Wednesday, but some experts say Canadian consumers shouldn't expect their wallets to take a major hit.
Lire la suite »