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

Langley Officer, Navarash Dhillon, faces charge from incidents dating back five years

The B.C. Prosecution Service says the single charge was approved against Const. Navarash Dhillon. It says in a statement that the charge relates to alleged incidents that occurred in Langley between September and December 2018.

Langley Officer, Navarash Dhillon, faces charge from incidents dating back five years

Translink sees jump in ridership

A report compiled for TransLink -- Metro Vancouver's transportation network -- shows ridership has jumped 20 per cent or more in all areas over the past year. The report says overcrowding is approaching pre-pandemic levels -- especially in regions including Richmond, Surrey, Delta, White Rock and Langley.

Translink sees jump in ridership

Multi-vehicle collision on Hwy 3 claims one life

At least one person has been killed in a multi-vehicle crash on Highway 3 east of Cranbrook. The collision happened at around 7 a.m. and it has completely closed that stretch of Highway 3 while an investigation is underway.

Multi-vehicle collision on Hwy 3 claims one life

ICBC has new offer for drivers

The Insurance Corporation of B-C says more than half of motorists in this province support discounts for those who don't drive much, so it has created a package offering new savings to those with mileage under 10-thousand kilometres per year.

ICBC has new offer for drivers

B.C. to invest $17 million on science, Indigenous knowledge to restore Pacific salmon

The Ministry of Water, Land and Resource Stewardship says the bulk of the money will be shared equally between the First Nations Fisheries Council and the Pacific Salmon Foundation as the organizations work to conserve and restore the fish.

B.C. to invest $17 million on science, Indigenous knowledge to restore Pacific salmon

Canada launches category-based selection for Express Entry candidates

This year, category-based selection invitations will focus on candidates who have a strong French language proficiency, or work experience in fields like healthcare, agriculture and agri-food, STEM professions and trades, such as carpenters, plumbers and contractors transport.