National

Analysts expect jobless rate edged up in December

Darpan News Desk The Canadian Press, 10 Jan, 2025 11:30 AM

Statistics Canada will release the country's job report for December this morning.

November saw Canada's unemployment rate rise to 6.8 per cent — the highest jobless rate since January 2017 outside of the COVID-19 pandemic.

Analysts at RBC and BMO believe that number will have edged up again in December to 6.9 per cent, as the country's labour market continues to underperform.

The analysts also expect Canada added a modest 10,000 jobs in December.

The labour market survey comes ahead of the next Bank of Canada interest rate decision on Jan. 29.

Prev Next

MORE National ARTICLES

Rain, wind warnings issued along B.C. south coast

Environment Canada has issued a rainfall warning along northern sections of east Vancouver Island, with downpours expected to begin this evening as a "vigorous Pacific frontal system" moves over the coast. It says steady rain will begin in the afternoon, intensifying in the evening and is expected to continue into Wednesday.

Rain, wind warnings issued along B.C. south coast

B.C.'s new cabinet to be sworn in Nov. 18 after this week's judicial recounts

British Columbia's new cabinet is expected to be sworn in on Nov. 18, almost a month after the provincial election that gave Premier David Eby's New Democrats the slimmest of majorities, pending recounts.

B.C.'s new cabinet to be sworn in Nov. 18 after this week's judicial recounts

Tunnel under Stanley Park coming

The Metro Vancouver regional district says construction will begin this month on a new 1.4-kilometre-long water supply tunnel deep under Stanley Park. A statement from the district says the tunnel will replace a water main that was built in the 1930s with work expected to stretch into 2029.

Tunnel under Stanley Park coming

B.C. business groups urge end to port lockout as labour dispute halts shipping

British Columbia's businesses leaders are urging port employers and more than 700 unionized workers to resolve their dispute immediately as a lockdown paralyzes shipping along Canada's west coast. The BC Maritime Employers Association says no negotiations are scheduled a day after it launched what it calls a defensive lockout against members of the International Longshore and Warehouse Union Local 514.

B.C. business groups urge end to port lockout as labour dispute halts shipping

Eby wants all-party probe into B.C. vote count errors as election boss blames weather

Premier David Eby is proposing an all-party committee investigate mistakes made during the British Columbia election vote tally, including an uncounted ballot box and unreported votes in three-quarters of the province's 93 ridings. The proposal comes after B.C.'s chief electoral officer blamed extreme weather, long working hours and a new voting system for human errors behind the mistakes in last month's count, though none were large enough to change the initial results.

Eby wants all-party probe into B.C. vote count errors as election boss blames weather

'It feels very bad': Brampton reels after two nights of tense protest outside temple

Monday night saw hundreds of demonstrators gather outside the Hindu Sabha Mandir in Brampton, Ont., where police allege people in the crowd were carrying weapons and objects were being thrown. That demonstration came after violent protests on Sunday outside the same temple spilled over to two other locations in Mississauga, Ont.