Employment gains are fictional in Canada. They eliminate full-time job and create multiple part-time jobs. In Stats Canada they count it as MULTIPLE JOBS. That's why Government hires PT people only. The game of good numbers. Once investors realize the biggest lie in Canadian history - CAD will be at 1.6000. Mark my words.
Canadian jobs report: Numbers could support a rate hike in October - CIBC
Next Friday, the Canadian employment report will be released. Analysts at the CIBC Capital Markets, expected a net change in employment of 19K and a decline in the unemployment rate to 5.9% from 6.0%. Key Quotes: “According to the Labour Force Survey, employment gains have been hard to come by in 2018. But separately released payrolls data reveal a more positive view of hiring over the first five months of the year. We’ll side with the latter, expecting the Labour Force Survey to add to June’s employment gains with another healthy print, and continue closing the gap between the two surveys. Alongside a slight ... (full story)