What economists say about Canada’s February jobs data ...Middle East

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Breadcrumb Trail Links News Economy Wage growth still too high to bring inflation down Published Mar 08, 2024  •  4 minute read Canada’s economy created 41,000 jobs in February, all of them full time, said Statistics Canada. Photo by Nathan Denette/The Canadian Press Article content The Canadian economy produced double the jobs forecasted by analysts, but the unemployment rate rose to 5.8 per cent in February from 5.7 per cent in March as population growth continued to outpace the employment market, according to Statistics Canada’s latest Labour Force Survey. Here’s what economists are saying about what that means for the economy, the Bank of Canada and interest rates. A

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