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

Federal use of Emergencies Act was unreasonable, judge rules

The Canadian Civil Liberties Association and several other groups and individuals had argued in court that Ottawa ushered in the emergency measures without sound statutory grounds. The government contended the steps taken to deal with the pan-Canadian turmoil were targeted, proportional, time-limited and compliant with the Charter of Rights and Freedoms.

Federal use of Emergencies Act was unreasonable, judge rules

Feds to launch Canada-U.S. engagement strategy as presidential election looms

Prime Minister Justin Trudeau says the federal government will launch a renewed effort to promote Canada's interests in the United States as the spectre of another Trump presidency looms. He announced the "Team Canada engagement strategy" at the final day of a cabinet retreat in Montreal on Tuesday.

Feds to launch Canada-U.S. engagement strategy as presidential election looms

Cap on student visas could wreak financial havoc on Ontario universities, says rep

Immigration Minister Marc Miller announced new limits to the international student program Monday, including a 35 per cent reduction in the number of study permits it issues this year. The cap comes in response to a recent surge in international students and concerns that some institutions are relying on international enrolments to boost revenues, without offering necessary housing or a quality education.

Cap on student visas could wreak financial havoc on Ontario universities, says rep

Metro Vancouver says stench from Burnaby refinery didn't breach air quality limits

Metro Vancouver says an acrid odour that blanketed parts of the region on Sunday contained elevated contaminant levels, but didn't breach pollution standards. The regional federation of municipalities says it monitors emissions of particulates, nitrogen dioxide and sulphur dioxide from Burnaby's Parkland fuel refinery, and air quality objectives for the contaminants weren't exceeded.

Metro Vancouver says stench from Burnaby refinery didn't breach air quality limits

3 dead after helicopter crashes near Terrace

A heli-skiing company says three people have died after one of its helicopters crashed in west-central British Columbia. Northern Escape Heli-Skiing, which is based in Terrace, B.C., confirmed the deaths in a news release but did not say how many people were involved in the crash near the city.

3 dead after helicopter crashes near Terrace

Metro Vancouver residents scramble for another ride as bus strike drags into Day 2

Hundreds of thousands of Metro Vancouver residents are without a bus ride again today as striking transit supervisors carry on with their 48-hour strike. The dispute between more than 180 members of CUPE Local 4500 and Coast Mountain Bus Company has stopped 96 per cent of the region's buses as well as the SeaBus across Burrard Inlet.