Canada Employment Preview: Forecasts from five major banks, building on the remarkable surge seen in the prior month

Another 80K new workers are expected in March, following February’s surprising gain of 336K. The unemployment rate should fall to 5.4% from 5.5% and the participation rate is forecast to be unchanged at 65.4% just 0.2 points below its final pre-pandemic level.increase in employment. Job vacancy rates are still very high, particularly in the hospitality sector, where employment remains well below pre-pandemic levels. Despite the availability of jobs, at 5.

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Canada targets housing, banks in modest-spending budgetCanada's Liberals put red-hot real estate markets squarely in their sights on Thursday, laying out a budget geared at boosting housing affordability amid soaring inflation, while promising modest new spending to encourage medium-term growth.
Source: Reuters - 🏆 2. / 97 Read more »

EXCLUSIVE Canada C$15 bln fund to attract private investment in technologies -sourceCanada will earmark C$15 billion ($12 billion) over five years for a Growth Fund to attract private investment in new and green technologies, a senior government source said on Wednesday, a day before this year's budget presentation.
Source: Reuters - 🏆 2. / 97 Read more »

After pope apologizes for abuses of Indigenous children in Canada, US churches face boarding-school reckoningAs Native Americans cautiously welcome Pope Francis’ historic apology for abuses at Catholic-run boarding schools for Indigenous children in Canada, U.S. churches are bracing for an unprecedented reckoning with their own legacies of operating such schools. I want to respectfully point something out. ground-penetrating radar reported finding about 200 unmarked probable burial sites at a former school in British Columbia. There's as of yet no actual evidence these are graves. No bodies have been recovered.
Source: adndotcom - 🏆 293. / 63 Read more »

Canada Moves To Force Tech Firms To Share Revenues With News PublishersCanada has introduced new legislation compelling tech platforms such as Twitter and Facebook to compensate Canadian publishers for sharing their content.
Source: ForbesTech - 🏆 318. / 59 Read more »

Air Canada to suspend flights between Vancouver and Delhi this summer due to Ukraine-Russia conflictAir Canada to suspend flights between Vancouver and Delhi this summer due to Ukraine-Russia conflict — via financialpost Ukraine Russia conflict
Source: TheStarPhoenix - 🏆 253. / 63 Read more »

Rangers arrive in Canada with full roster for opening seriesThe Texas Rangers arrived in Toronto with their entire expected opening-day roster on the trip to the country that requires all visitors to be fully vaccinated for COVID-19 at least 14 days prior to entry.
Source: SpectrumNews1TX - 🏆 333. / 59 Read more »