Another strong month for employment and a further rise in wage growth seems to support the Bank of Canada’s view that the recent economic slowdown was mainly due to temporary factors. But with both the domestic and international business surveys continuing to weaken, we expect the labour market to lose steam in the second half of the year.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services