Happy Monday Morning! Those holding their breath for an easing in mortgage rates were delivered some tough news last week. The Canadian labour market added 150,000 jobs in January, more than TEN times economist estimates. Let’s not forget that December jobs numbers were TWENTY times estimates. Just what the hell is going on here? Either our economists are really, really bad at forecasting or the Stats Canada random number generator is in need of repairs.
Thank you for writing this. I too was surprised at the "added 150,000 jobs in January"! I searched online to see if there was any detailed information but could not find any. I wonder what all the jobs are filled by new immigrants.
Thank you for writing this. I too was surprised at the "added 150,000 jobs in January"! I searched online to see if there was any detailed information but could not find any. I wonder what all the jobs are filled by new immigrants.