Close X
Friday, January 24, 2025
ADVT 
National

Analysts expect jobless rate edged up in December

Darpan News Desk The Canadian Press, 10 Jan, 2025 11:30 AM
  • Analysts expect jobless rate edged up in December

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.

MORE National ARTICLES

B.C. Premier Eby says Canada will negotiate from 'position of strength' on US tariff

B.C. Premier Eby says Canada will negotiate from 'position of strength' on US tariff
Eby says the premiers will meet Prime Minister Justin Trudeau this week to discuss "our strategic approach" to Trump's plan to impose the tariff immediately after his inauguration on Jan. 20, unless action is taken to stem the flow of migrants and illegal drugs over the border. Eby made the comments at the annual convention of the B.C. Federation of Labour.

B.C. Premier Eby says Canada will negotiate from 'position of strength' on US tariff

At the U.S-Mexico border, residents want Donald Trump to fulfill his promises

At the U.S-Mexico border, residents want Donald Trump to fulfill his promises
Monday evening the president-elect posted on Truth Social that he will sign an executive order imposing a 25 per cent tariff on all products coming in to the U.S. from Canada and Mexico until both countries stop drugs, in particular fentanyl, and people from illegally crossing the borders.

At the U.S-Mexico border, residents want Donald Trump to fulfill his promises

Busy travel season at the border ahead of US Thanksgiving

Busy travel season at the border ahead of US Thanksgiving
Canada's Border Services Agency is warning travellers heading to the U-S for Thanksgiving to plan ahead to minimize waits during the busy travel season. The agency says it is monitoring traveller volumes for peak periods and will take steps to minimize waits at both land crossings and at international airports, but travellers can avoid long lines if they travel in the early mornings.

Busy travel season at the border ahead of US Thanksgiving

Impaired driver rear ends a police vehicle

Impaired driver rear ends a police vehicle
Nanaimo police say an officer narrowly avoided serious injury after a suspected impaired driver rear-ended a police vehicle over the weekend. Police say the officer had stopped roadside along with another vehicle he had pulled over for speeding when an S-U-V struck the police car from behind.

Impaired driver rear ends a police vehicle

Woman injured in police altercation

Woman injured in police altercation
B-C's independent police watchdog is investigating after a woman was seriously injured in Chilliwack during an altercation with officers. The Independent Investigations Office says the woman was allegedly impaired and refusing to take a cab at a restaurant on November 22nd, choosing instead to get into her car.

Woman injured in police altercation

Silent vigil held at the BC legislature

Silent vigil held at the BC legislature
Activists say a silent vigil was held at the B-C Legislature in memory of 16 women killed this year, an event coinciding with the International Day for the Elimination of Violence Against Women. Vigil organizer Vancouver Rape Relief says participants held up signs with the names of the women killed this year, along with a large banner that read "no more femicide."

Silent vigil held at the BC legislature