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Economists expecting labour slowdown in Friday jobs report
BNN Bloomberg
Here's what economists are expecting to see in the latest jobs report that's set to be released by Statistics Canada on Friday.
Experts are forecasting that the Canadian economy added 5,000 jobs in December, according to data tracked by the Bloomberg terminal.
This would mark a continued slowdown in Canada’s job force, after Statistics Canada reported a 10,000 jobs gain in November and a suprise gain of 108,000 jobs in October.
“We're forecasting a 5,000 increase in employment for December and we think unemployment ticked up to 5.2 per cent, from 5.1 per cent in November,” Josh Nye, senior economist at RBC Economics, said in a phone interview on Thursday.
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