After posting strong job gains over the last several months, economists are not expecting a significant change in employment in March.
Both TD and CIBC are forecasting the unemployment rate ticked slightly higher to 5.1 per cent, up from five per cent in February.
The Canadian economy is expected to slow down significantly this year, but so far, the labour market has shown no signs of weakness. The Bank of Canada, which is preoccupied with getting inflation down, is hoping to see easing in the labour market over the coming months.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Statistics Canada to release March jobs report this morning - BNN BloombergStatistics Canada is set to release March employment data this morning.
Read more »
Statistics Canada to release March jobs report this morningStatistics Canada is set to release March employment data this morning.
Read more »
Air Canada’s racist treatment kept me from flight, says Amnesty International Canada headAmnesty International Canada’s general secretary accused Air Canada of racism after she was denied boarding for a flight to Mexico.
Read more »
Former Air Canada CEO sees 'glass half full' for Canada’s economy - BNN BloombergAir Canada’s former top executive says he’s optimistic about the economy’s resiliency despite current headwinds, but he thinks governments should correspond more closely with businesses to plan for the future.
Read more »
Vancouver's March home sales down 42.5% from a year ago: B.C. boardLast month’s sales totalled 2,535 compared with 4,405 sales in March 2022 and 1,808 in February.
Read more »
Loyalist College work leads construction value bump in MarchThe number of building permits issued by the City of Belleville last month was down a little but the construct...
Read more »