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

B.C. to spend $24 million on community walking and cycling projects

The British Columbia government is handing out $24 million to more communities that want to improve their walking and cycling infrastructure. The Active Transportation Infrastructure Grants program is part of a cost-sharing agreement with Indigenous, local and regional governments that provides up to $500,000 for infrastructure projects, and up to $50,000 to develop the active network plans.

B.C. to spend $24 million on community walking and cycling projects

Canada welcomes Gaza ceasefire vote at United Nations Security Council: Joly

Canada welcomes the United Nations Security Council's call for a ceasefire in the war between Israel and Hamas during Muslim holy month of Ramadan, Foreign Affairs Minister Melanie Joly said Monday. Canada has been asking for a sustainable ceasefire since December, she said at a press conference in Ottawa.

Canada welcomes Gaza ceasefire vote at United Nations Security Council: Joly

Group asks Vancouver for more time over Crab Park homeless site cleanup

An advocacy group and others are making a final plea to the City of Vancouver to hold off on its second phase of a plan to clean up the site of a homeless camp in Crab Park. The group called Stop the Sweeps and residents of the encampment oppose the move, saying they're being offered small, fenced pens to live in while the city bulldozes their community, which includes a warming tent and kitchen.

Group asks Vancouver for more time over Crab Park homeless site cleanup

Man found dead in Surrey

B-C's police watchdog says it is investigating the death of a man in Surrey. The Independent Investigations Office says police responded to a report of threats being made in a domestic dispute yesterday.

Man found dead in Surrey

Cyclist injured in crash

West Shore Mounties say a cyclist was seriously injured after a crash involving a vehicle in View Royal. Police say officers responded to the scene yesterday around 4:45 P-M and found the 55-year-old cyclist with life-threatening injuries.

Cyclist injured in crash

Global Affairs says two more Canadians have died in Ukraine-Russia war

Global Affairs Canada says two more Canadians have died in the war between Ukraine and Russia, bringing the total number of Canadians killed in that conflict to 11. An obituary for Alain Derasp says the veteran of the Canadian Forces Royal 22nd Regiment and father of four died in Ukraine on Feb. 27.