The latest Canadian employment report once again showed an economy with momentum and struggling with labour shortages. 40 thousand net new jobs were created in the month of May, which is a strong performance – an average monthly gain is… Read More ›
Canadian Employment
E-Sight Weekly November 1: Growth, Inflation and Labour Shortages
The Bank of Canada’s monetary policy announcement was the main event last week, which I already covered in a commentary, so I won’t go into a lot of details. The Bank announced an end of its Quantitative Easing (QE) program,… Read More ›
E-Sight February 5: Canadian Employment Falls due to Health Restrictions in Central Canada , Canadian Exports Grew in December
Today’s double data release highlights the ongoing challenges facing parts of Canada’s economy. While some sectors continue to surge ahead others continue to be impacted by ongoing public health measures. The Labour Force Survey conducted between January 10th and January… Read More ›
E-Sight January 8: Canadian Employment Falls for the First Time Since April
It’s not news that the country has been dealing with an accelerating second wave of COVID-19 infections since the fall. Since October we have seen a gradual tightening of public health measures in an attempt to slow the spread of… Read More ›
E-Sight December 4: Canadian employment posts a strong gain in November, but new restrictions are forcing workers out of the labour market
Canadian employment increased by 62,100 in November. While this is good news, a closer look shows that COVID-19 is shrinking the Canadian labour market. With new restrictions making it harder to find work in people’s regular industries, some workers are… Read More ›