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Home / Job market shows sign of softening, but economists say more needed to stop rate hikes

Job market shows sign of softening, but economists say more needed to stop rate hikes

Posted on June 9, 2023June 9, 2023 by admin

Canada’s unemployment rate ticked up in May for the first time in nine months, but forecasters say the Bank of Canada will have to see more softening in the economy before it takes it takes a step back from raising interest rates.
Source: ctv business
Job market shows sign of softening, but economists say more needed to stop rate hikes

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