OTTAWA 鈥� Statistics sa国际传媒 will release the country's job report for December this morning.
November saw sa国际传媒's unemployment rate rise to 6.8 per cent 鈥� the highest jobless rate since January 2017 outside of the COVID-19 pandemic.
Analysts at RBC and BMO believe that number will have edged up again in December to 6.9 per cent, as the country's labour market continues to underperform.
The analysts also expect sa国际传媒 added a modest 10,000 jobs in December.
The labour market survey comes ahead of the next Bank of sa国际传媒 interest rate decision on Jan. 29.
RBC predicts another cut by 25 basis points, following back-to-back 50-point cuts in December and October.
This report by The Canadian Press was first published Jan 10, 2025.
Nick Murray, The Canadian Press
