Jobless rates remain low, stable: OECD
OECD unemployment rate has stayed low since early 2022
- By: James Langton
- December 11, 2024 December 11, 2024
- 12:11
OECD unemployment rate has stayed low since early 2022
Governor Tiff Macklem delivered this prepared statement
Consumer prices rose 2.7% in November from a year earlier
The key interest rate is now 3.25%
Mega forces, jumbo jets and overvaluations
Rents dropped for the second month in a row after more than three years of increases
Despite intensified uncertainty, risk landscape is largely stable
PBO has projected the government's deficit will be $46.8 billion
Some analysts say the latest setbacks are likely to be temporary
Canola is one of the big Canadian exports that would be hurt by tariffs
The Prime Minister said Canadians needs to rally together; options are being explored
Filings on pace to hit highest mark since the financial crisis
Tariff threats cloud an otherwise positive North American outlook
China's economy has underperformed the government's 5% growth target for 2024
A 50-basis-point cut would put the central bank's key interest rate at 3.25%
The policy decision will lower real GDP by $7.9B in 2025, $16.2B in 2026, Conference Board of Canada estimates
Median GDP call revised sharply higher, SIFMA reports
Manufacturers to get 20% made-in-China price advantage in sales to the Chinese government
Meanwhile, those who have lost their jobs are finding it harder to land a new one
The bank's profit level is up about $10M from the same period last year
The economy added 51,000 jobs in November