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

Drowning victim's body found on Island

Mounties on Vancouver Island say they have recovered the body of a drowning victim in Sproat Lake – 13 kilometres northwest of Port Alberni. The update comes two days after R-C-M-P were called to the lake for reports of a missing 17-year-old after a canoe he and two others were on capsized and sank.

Drowning victim's body found on Island

PM Justin Trudeau visits Maple Ridge

Prime Minister Justin Trudeau is visiting Maple Ridge this afternoon. The prime minister and B-C Premier David Eby are scheduled to make an announcement at a clean-energy plant.

PM Justin Trudeau visits Maple Ridge

Food insecurity worsened last year, more pronounced in racialized families: StatCan

A Statistics Canada study says nearly seven million Canadians struggled with hunger last year. The study says that in 2022, 18 per cent of families reported experiencing food insecurity within the previous 12 months, up from 16 per cent in 2021.

Food insecurity worsened last year, more pronounced in racialized families: StatCan

Canada's Joly criticizes lack of fuel in Gaza, warns that UN may have to pause aid

Foreign Affairs Minister Mélanie Joly says it is not acceptable that United Nations work to support Palestinian civilians will end before Wednesday night due to a lack of fuel. She says civilians must be protected and enough food, fuel and water must get into Gaza so that the UN's life-saving work can continue.

Canada's Joly criticizes lack of fuel in Gaza, warns that UN may have to pause aid

Wanted sex offender Randall Hopley arrested in Vancouver, police say

Police say high-risk sex offender Randall Hopley has been arrested in Vancouver. A statement from police says Hopley was picked up at about 6 a.m. on the city's Downtown Eastside and he is in custody.

Wanted sex offender Randall Hopley arrested in Vancouver, police say

B.C. poultry staff told to vaccinate against flu as avian strains spread among birds

British Columbia's provincial health officer says people living or working on poultry farms should "prioritize" getting influenza vaccinations as avian flu spreads among flocks this fall. Dr. Bonnie Henry says while avian flu does not transmit easily from birds to humans, infections "can happen and are very concerning" because of the potential for the virus to mix with human influenza and mutate into something much more contagious.