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

Strike halts bus service in B.C.'s Fraser Valley

The union says its members, who work for a company that contracts service to BC Transit, have no pension and make 32 per cent less than bus drivers and other staff elsewhere in Metro Vancouver's transit system.

Strike halts bus service in B.C.'s Fraser Valley

Class-action lawsuit launched against game maker

The statement says Fortnite creator Epic Games enriches itself by making content and customization options purchasable via an in-game currency, which are purchased with real cash. The class-action lawsuit would still need approval from the court and none of the allegations have been proven in court.

Class-action lawsuit launched against game maker

New Westminster Police officers appeal for witnesses to come forward following stabbing

Officers searched the area but were unable to locate any suspects. Officers have been actively interviewing witnesses and canvassing the area for CCTV footage. Due to the serious nature of the injuries the Major Crime Unit has assumed conduct of the investigation. At this time, officers believe this to be an isolated incident.

New Westminster Police officers appeal for witnesses to come forward following stabbing

Turban ripped, Sikh student dragged by hair in Canada: Report

Gagandeep Singh, 21, was swarmed and beaten near Highway 97 and McCurdy Road in Kelowna after he got off a transit bus on March 17, CTV News reported. Gagandeep was heading home after grocery shopping when he encountered a group of young boys, between 12 and 15 years-old on the bus.

Turban ripped, Sikh student dragged by hair in Canada: Report

One-click citizenship oath temporary: Fraser

The immigration minister anticipates the one-click option would only be in effect as long as the government is swamped with backlogged citizenship applications. But the Conservative party's immigration critic worries it would "cheapen" an otherwise special moment for newcomers.

One-click citizenship oath temporary: Fraser

Man who stormed PM residence loses sentence appeal

A decision dated Thursday says the six-year sentence handed to Corey Hurren in March 2021, less a year for the time he spent in custody before his sentencing, was "entirely fit." Hurren, a sausage-maker who served with the military's Canadian Rangers, had pleaded guilty to seven weapons charges and one mischief charge for his actions on the morning of July 2, 2020.