U.S. employers went on a hiring binge in February, adding 313,000 jobs, the most in any month since July 2016, and drawing hundreds of thousands of people into the job market. The Labor Department said wage gains, meanwhile, fell from January to 2.6% year-over-year. Strong hourly wage growth had spooked markets last month because it […]
The February numbers nudged the national unemployment rate down to 5.8% from 5.9% in January
The seasonally adjusted annual rate increased to 229,737 units whereas economists had been expecting 216,600
StatsCan reports that imports fell by 4.3% in January while exports fell by 2.1% as seven of 11 sectors dropped
Measures to facilitate greater female participation in the labour force could help boost GDP and the government’s fiscal position
Canada’s manufacturing sector gained 1.8%, the largest monthly increase since February 2014
Higher sales at gasoline stations and electronics and appliance stores
The food, beverage and tobacco subsector led the increase
Rate hike argument builds as poll shows companies to hire, invest more
The unemployment rate of 5.7% in December should be enough for the BoC to hike interest rates later in January, CIBC economist predicts