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

Flu season getting back to normal in B.C.: Henry

The influenza outbreak that resulted in the deaths of six young people in British Columbia last month is on the decline, but the provincial health officer says the flu season is far from over. Dr. Bonnie Henry says there have been no reported deaths of young people since last month when the province experienced an unusual spike of flu-rated cases during November and December.

Flu season getting back to normal in B.C.: Henry

Man charged in 4 break and enters in Richmond, 3 of which took place the same day

The break and enters all occurred in March of 2022, three of the four having taken place on the same day. At approximately 3:29 am on March 21, 2022, a suspect allegedly broke into a store in the 9200 block of Alderbridge Way and stole approximately $ 2500.00 in merchandise.

Man charged in 4 break and enters in Richmond, 3 of which took place the same day

Surrey RCMP seize 184 grams of Fentanyl, large amounts of cocaine, and over $7K in cash

8 people were arrested inside the residence at the time the search warrant was executed. One person was held in custody for breach of probation and the others were released pending further investigation.

Surrey RCMP seize 184 grams of Fentanyl, large amounts of cocaine, and over $7K in cash

Canada needs more newcomers: Immigration minister

In November, the federal Liberal government announced a new immigration plan that would see Canada welcome 500,000 immigrants per year by 2025. A record-breaking 431,645 people became permanent residents in 2022.

Canada needs more newcomers: Immigration minister

Federal back-to-office mandate begins Monday

Treasury Board President Mona Fortier announced last month that all departments must bring workers back to the office at least two to three times a week by the end of March. In an interview Thursday, she did not specify what the consequences may be for anyone who refuses to return.

Federal back-to-office mandate begins Monday

Arrest made in suspected arson in Coquitlam

Coquitlam RCMP say all residents were able to get out of the house safely, and there were no physical injuries. The Mounties say it is believed the fire was intentionally set by someone who knew the occupants.