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

Overnight Burnaby fire kills one

Police in Burnaby have confirmed a fire in a building overnight has killed one person. Burnaby RCMP say officers received a call from firefighters to assist at the scene near Metrotown Mall on Tuesday night. Police confirmed one fatality in the fire and that the B-C Coroners Service has taken over the investigation.

Overnight Burnaby fire kills one

Warm but 'moody' spring expected across most of Canada: Weather Network forecast

Most Canadians can look forward to a warmer-than-normal spring, but they should also brace for the season’s "profound mood swings," according to The Weather Network's latest outlook. The forecast released Wednesday predicts that the unusually mild winter seen across much of the country thanks to El Niño conditions will pave the way for even more pleasant weather in the coming weeks, but not without some interruptions.

Warm but 'moody' spring expected across most of Canada: Weather Network forecast

Vancouver's homeless count to go up

A new study by an advocacy group says the homeless population of Vancouver could go up to 4,700 people by 2030. The Carnegie Housing Project made the announcement Tuesday morning at Oppenheimer Park.

Vancouver's homeless count to go up

Heavy snow, winter storm bring hazardous driving conditions to B.C. highways

Environment Canada is warning of hazardous driving conditions on several stretches of British Columbia highways as a strong Pacific frontal system pushes into the Interior. A winter storm warning has been issued for the Sea to Sky Highway from Squamish to Whistler, with snow accumulation forecast to reach up to 50 centimetres by Thursday.

Heavy snow, winter storm bring hazardous driving conditions to B.C. highways

Son dies in 2021 BC crane tragedy

When Chris Vilness heard about the crane accident that killed a construction worker in Vancouver last week, he was angry, and he didn't have to imagine what the woman's family was going through. In 2021, his son Cailen was among five men killed when a crane that was being dismantled collapsed in Kelowna, B.C.

Son dies in 2021 BC crane tragedy

B.C. Premier Eby apologizes to Doukhobors, for wrongs that 'echoed for generations'

British Columbia Premier David Eby has officially apologized in the Victoria legislature to members of the Doukhobor religious community, including children who were forcibly taken from their parents more than 70 years ago. He says those children were physically and psychologically mistreated after being placed in educational facilities, including a former tuberculosis sanatorium in New Denver, in B.C.'s southern Interior.