Weak Canadian Labour Report in May Points Towards BoC Easing
General Kimberly Coutts 6 Jun
Labour Market Weakness Continued in May, Raising the Prospects of a Rate Cut at The Next BoC Meeting Today’s Labour Force Survey for March was weaker than expected. Employment decreased by 33,000 (-0.2%) in March, the first decrease since January 2022. The decline in March followed little change in February and three consecutive months of growth in November, December […]
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