Canada's jobs beat signals higher interest rates for longer — and hikes still on the table via financialpost
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The unemployment rate was five per cent for the fifth consecutive month, near a record low and a level that many economists associate with “full employment,” a theoretical condition where everyone who wants a job can get one.
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Kevin Carmichael: Jobs surge signals higher interest rates for longer — and hikes still on the tableThe Bank of Canada wants to see a weaker labour market, but so far employers are defying recession talk by still hiring. Read more
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Kevin Carmichael: Jobs surge signals higher interest rates for longer — and hikes still on the tableThe Bank of Canada wants to see a weaker labour market, but so far employers are defying recession talk by still hiring. Read more
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Statistics Canada to release April jobs numbers this morningStatistics Canada is set to release its April labour force survey this morning, providing updated numbers on employment levels in the country.
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Canada gains 41,000 jobs, beating expectationsCanada gained 41,000 jobs and the unemployment rate held at 5%, beating economists\u0027 forecasts. Find out more
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