How strong is Canada’s job market, really? episode artwork

EPISODE · Apr 12, 2023 · 19 MIN

How strong is Canada’s job market, really?

from The Decibel · host The Globe and Mail

For months now, Canada’s unemployment rate has been hovering around 5 per cent – a near historic low. It’s a number that economists are watching closely because they expect it to rise now that the Bank of Canada has hiked interest rates.But it hasn’t. And businesses are still complaining about a shortage of workers. So what’s going on? Economics reporter Matt Lundy explains.Questions? Comments? Ideas? Email us at [email protected] Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

For months now, Canada’s unemployment rate has been hovering around 5 per cent – a near historic low. It’s a number that economists are watching closely because they expect it to rise now that the Bank of Canada has hiked interest rates. But it hasn’t. And businesses are still complaining about a shortage of workers. So what’s going on? Economics reporter Matt Lundy explains.

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How strong is Canada’s job market, really?

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This episode was published on April 12, 2023.

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For months now, Canada’s unemployment rate has been hovering around 5 per cent – a near historic low. It’s a number that economists are watching closely because they expect it to rise now that the Bank of Canada has hiked interest rates.But it...

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