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

WorkSafeBC says no injuries in fourth crane accident in Metro Vancouver

There has been another crane accident in Metro Vancouver, in what B.C.'s workers' safety agency says is the fourth such incident this year. WorkSafeBC says the latest incident happened Monday at a work site in Vancouver.

WorkSafeBC says no injuries in fourth crane accident in Metro Vancouver

Online scams at BC Lotto

The British Columbia Lottery Corporation has issued a warning about a series of scams it says are circulating online, imitating casinos in the province. The bulletin says the scams involve fraudulent posts and advertisements on social media platforms, such as Facebook and Instagram, which deceive people into entering their financial details on illegitimate websites.

Online scams at BC Lotto

Finance Minister Chrystia Freeland to present Liberals' federal budget on April 16

Finance Minister Chrystia Freeland will present the federal budget on April 16, as cost-of-living issues continue to dominate Canadian politics. The spending plan is coming at a time when high interest rates are putting a damper on the economy and ramping up fiscal pressure on the Liberal government.

Finance Minister Chrystia Freeland to present Liberals' federal budget on April 16

One measles case reported in B.C. as officials urge vaccination before travel

Measles outbreaks internationally have health officials in British Columbia joining Canada's top doctor in encouraging people to get vaccinated before travelling abroad during spring break. One case of measles was reported in B.C. over the weekend, according to a joint bulletin issued Monday by the provincial government, the BC Centre for Disease Control and the provincial health officer.

One measles case reported in B.C. as officials urge vaccination before travel

1 in hospital in Burnaby crash

Police in Burnaby say an early morning car crash on Imperial Street has left one person in hospital in critical condition. Burnaby R-C-M-P say the crash happened around 1:30 a-m, when a vehicle with a driver and two passengers hit a parked semi-truck.

1 in hospital in Burnaby crash

Fire that gutted Metro Vancouver school caused by humans, police say

Police say they believe a fire last October that destroyed an elementary school in Port Coquitlam, B.C., was human caused. Coquitlam RCMP say the investigators are now asking those responsible or people who may know who is responsible to come forward and contact police.