Canada's jobless rate rises to 5.7 per cent, fuelling bets Bank of Canada rate hikes are done

https://www.ctvnews.ca/business/canada-s-unemployment-rate-climbs-to-5-7-per-cent-in-october-1.6629614

Statistics Canada says the country's unemployment rate rose to 5.7 per cent last month, as the economy added a modest 18,000 jobs.

44 points · 3 comments · view on lemmy.world

3 Comments

bababooey@lemmy.world · 28 pts · 2y (1 reply)

Love how rate hikes are just fueled by economists checking if people are sufficiently miserable yet

Showroom7561@lemmy.ca · 4 pts · 2y

That's what it sounds like!😡

Metal_Zealot@lemmy.ml · 6 pts · 2y

Don't worry, they'll find a way to hike it again