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A cut in January, then a pause: what jobs data means for Bank of Canada and interest rates

Although the jobless rate fell in December, it is still up 0.9 percentage points from a year ago, when it was 5.8 per cent

By: financialpost.com

Jan 10 2025
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A cut in January, then a pause: what jobs data means for Bank of Canada and interest rates

The Canadian economy generated 91,000 jobs in December, beating economist estimates and pushing down the unemployment rate to 6.7 per cent from 6.8 per cent the month before. Read More

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A cut in January, then a pause: what jobs data means for Bank of Canada and interest rates

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