Canada Economics

Canada Data Response

5 January, 2018

Labour Force Survey (Dec.) & Trade (Nov.)

The solid 78,600 increase in employment in December and the drop in the unemployment rate to 5.7%, from 5.9%, suggest that the domestic economy is coping well with recent increases in interest rates. This will no doubt fuel speculation that the Bank of Canada might hike interest rates later this month or shortly thereafter. But we aren’t convinced, partly because of the uncertainty around NAFTA.

Access this publication and more, take our free trial subscription today.

Free Trial

Already a subscriber? Simply log in to view this article.

Save to Library

New Book

Making a Success of Brexit
and Reforming the EU

by Roger Bootle

"Outstanding - engaging - absorbing"
Daily Telegraph

Buy now on Amazon
We use cookies to ensure you get the best experience on our website. Read our Cookie Policy for more information.