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

Germany's president is in BC today

Frank-Walter Steinmeier is slated to take a tour of the Burnaby fuel cell company Cellcentric before going to Vancouver for a roundtable discussion with German and Canadian business representatives.

Germany's president is in BC today

Woman found guilty of COVID assault

The incident happened in April 2020 when provincial health regulations mandated that shoppers stay at least six feet apart from one another, and that grocery stores put a limit on how many customers were inside at a time.

Woman found guilty of COVID assault

West Kelowna woman dead after being struck by a vehicle

The West Kelowna R-C-M-P say the woman was walking in a parking lot when she was struck by a pickup truck just after 11 a-m. Mounties say the driver remained on scene and is co-operating with police.

West Kelowna woman dead after being struck by a vehicle

Driver flees after crashing Lamborghini into retaining wall of a residence: North Van RCMP

It is alleged the Lamborghini lost control and crashed into the retaining wall of a residence. The driver fled prior to Police arrival. Police have since spoken to the owner of the vehicle and launched an investigation into the actions of the driver.

Driver flees after crashing Lamborghini into retaining wall of a residence: North Van RCMP

Largest Vaisakhi parade back in Surrey after 3 years, attended by an estimated 700,000

Canada’s largest Vaisakhi Parade outside of Punjab, India took place on April 22 in Surrey, and was attended by approximately 700,000 people. The colorful and vibrant community event saw volunteers and local businesses enthusiastically handing out treats and food and were at forefront of making the parade a successful event.

Largest Vaisakhi parade back in Surrey after 3 years, attended by an estimated 700,000

Transit association says more police, security needed on city buses, trains

This month in British Columbia, a 17-year-old boy riding public transit was fatally stabbed near Vancouver and a man on a Surrey-area bus was left with life-threatening issues from a throat slash.