Canada Post strike drove decline in payrolls, vacancies stayed flat
The key labour market metrics remained at record levels in third quarter
Many economists don’t expect the Fed to cut rates again until the second half of 2025, if at all
Payroll employment, job vacancies both decline as labour demand ebbs
Job vacancies continue decline, total labour demand slips, in third quarter
Meanwhile, those who have lost their jobs are finding it harder to land a new one