320K jobs created in 2019
even better than 2018
How many were lost?320K jobs created in 2019
even better than 2018
i know that anyone who can't understand what 1.7% job growth means is likely to be a white natty climate change denier with an insatiable need to illustrate their stupidity.
Stephen Poloz is heading into the final few months of his term as Bank of Canada governor showing few signs of giving up his status as one of the industrialized world’s most hawkish central bankers.
At a decision Wednesday, the bank is widely expected to hold its key interest rate at 1.75%, keeping it unchanged for a 10th-straight meeting and leaving Canada with the highest rate among advanced economies.
Markets also don’t see much chance that Poloz, who leaves office in June, will lower borrowing costs in any of his final three meetings after this one, with odds of a cut at less than 40% over that time. That’s despite having reason to cut, given the economy looks to have slowed sharply at the end of last year.
Of course, what matters more for policy makers is where inflation is headed rather than where it’s been, and the central bank will update its outlook with new quarterly forecasts on Wednesday. They will probably revise down fourth quarter growth estimates, from their October projection of 1.3%. Growth is trending at less than 1% for the final three months of last year, according to the latest Bloomberg survey of economists.
That horrible eh?1.7% job growth is better than 2018.
Looks like the voters made the right decision.
Tsx bouncing to record highes.
Damn that Trudeau
1.7% job growth - better than 2018
Dam that Trudeau
I believe Mr Harper averaged about 1.1% job growth over the course of his nightmare.
When everyone was working so Canada needed Temp Foreign Workers?I believe Mr Harper averaged about 1.1% job growth over the course of his nightmare.