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

Eight people charged after drug-trafficking investigation in B.C.'s Lower Mainland

A statement from B.C.'s Combined Forces Special Enforcement Unit says the investigation began in Langley in December 2022 and expanded as investigators determined the suspects were connected to "gang and organized crime activity."

Eight people charged after drug-trafficking investigation in B.C.'s Lower Mainland

Canadian news engagement down significantly one year after Meta's ban: study

The Media Ecosystem Observatory study published today finds that Canadians’ total engagement with news content on social media has been reduced by 43 per cent, despite efforts to increase social media engagement on other platforms.

Canadian news engagement down significantly one year after Meta's ban: study

Crews install sprinklers on remaining Jasper buildings ahead of hot weather

A wildfire rampaging through Jasper National Park remains out of control as crews work to reduce the risk of it spreading. Parks Canada says sprinklers have been installed on some buildings north of the park's townsite, as fire activity is expected to increase.

Crews install sprinklers on remaining Jasper buildings ahead of hot weather

BC smuggler convicted

A failed plan to smuggle hundreds of kilograms of methamphetamine to Vancouver Island has resulted in a conviction in Seattle for an American man. A jury in U-S District Court found John Sherwood guilty of conspiracy to distribute drugs, possession of drugs and conspiracy to commit international money laundering in the April 2021 scheme.

BC smuggler convicted

Coast Guard to end staffing at two B.C. lighthouses, following safety concerns

Fisheries and Oceans Canada says "aids to navigation" will continue operating at both the Carmanah Point and Pachena Point light stations located along the Vancouver Island coast that's also home to the famed West Coast Trail. The light keepers will move out of the buildings before winter weather arrives.

Coast Guard to end staffing at two B.C. lighthouses, following safety concerns

Suspicious fire at Surrey home

Police on Vancouver Island say they have arrested a suspect after a suspicious fire at a home in Sidney. R-C-M-P say officers responded just before 2 p-m yesterday. They say the blaze required a response from the North Saanich, Sidney and Central Saanich Fire Departments.