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Canada Jobless Rate Dips, Firming Case for Gradual Rate Cuts

Canada’s unemployment rate unexpectedly fell as job gains beat expectations, bolstering the Bank of Canada’s case for gradual rate cuts and raising hopes of a soft landing.

By: financialpost.com

Oct 11 2024
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Canada Jobless Rate Dips, Firming Case for Gradual Rate Cuts

(Bloomberg) — Canada’s unemployment rate unexpectedly fell as job gains beat expectations, bolstering the Bank of Canada’s case for gradual rate cuts and raising hopes of a soft landing. Read More

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Canada adds 47,000 jobs, unemployment falls to 6.5%