Canada Unemployment Rate Holds Steady

Unemployment rate expected to remain at 6.9% in May The unemployment rate is forecast to remain unchanged at 6.9% in May. The Net Change in Employment is expected to increase by 10K, reversing the 17.7K decline in April. This steady print is likely to have a

Unemployment rate expected to remain at 6.9% in May

The unemployment rate is forecast to remain unchanged at 6.9% in May.

The Net Change in Employment is expected to increase by 10K, reversing the 17.7K decline in April.

This steady print is likely to have a neutral impact on markets, as it indicates a stable labor market.

Leave a Reply

Your email address will not be published. Required fields are marked *