November’s big job boom and what it means for Canada’s economy
The experts said there’d be about 38,000 jobs added to Canada’s labour force in November. So when Statistics Canada announced that that number was actually 154,000, people were left scratching their heads. Especially since this news comes at a moment when Canada is facing a labour shortage. So what’s going on? And just how good is this news, actually? Economics reporter for The Globe and Mail Matt Lundy digs into the new labour numbers, explains what experts think is causing this surge and what it means for the rest of the economy.
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Show Notes
The experts said there’d be about 38,000 jobs added to Canada’s labour force in November. So when Statistics Canada announced that that number was actually 154,000, people were left scratching their heads. Especially since this news comes at a moment when Canada is facing a labour shortage.
So what’s going on? And just how good is this news, actually? Economics reporter for The Globe and Mail Matt Lundy digs into the new labour numbers, explains what experts think is causing this surge and what it means for the rest of the economy.
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