Statistics Canada to release job market numbers for October

Statistics Canada to release job market numbers for October

On Friday, Statistics Canada is anticipated to present its most recent assessment on the state of the labour market.
The organisation plans to release its October labour force survey Friday morning.
The revelation comes amid concerns from economists over a potential recession.
According to the Bank of Canada, growth will be close to zero in the upcoming months as the economy stalls.
Last month, the central bank increased its benchmark interest rate by 0.5 percentage points to 3.

75% in an effort to cool the inflation that has been going up against all odds.
The Canadian economy added 21,000 jobs in September, while the unemployment rate fell to 5. 2 per cent compared with 5. 4 per cent in August as fewer people searched for work..

Statistics Canada will publish data on the labour market for October.

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