Canadian Emplyment Preview: Forecasts from five major banks, little if any gain Canada Employment USDCAD Macroeconomics Banks
on Friday, February 10 at 13:30 GMT and as we get closer to the release time, here are forecasts from economists and researchers at five major banks regarding the upcoming jobs figures.
The North American economy is estimated to have created 15K jobs in January as against a massive jobs growth of 104K reported in December. The“We look employment to rise by 5K for a deceleration from the recent trend, with services driving job growth, as the UE rate edges higher to 5.1% and wages decelerate to 4.3% YoY.” “The record squeeze on Canadian labour markets is unlikely to have loosened much in January.
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